C1C2Part XII Registration of Charges

Annotations:
Modifications etc. (not altering text)
C1

Pt. XII (ss. 395 - 424) extended (with modifications) by S.I. 1989/638, regs. 18, 21, Sch. 4 para. 4

C2

Pt. XII (ss. 395-424) excluded (21.2.2009) by Banking Act 2009 (c. 1), ss. {252(2)(a)}, 263(1)(2) (with s. 247); S.I. 2009/296, arts. 2, 3, Sch. para. 11

Chapter II Registration of Charges (Scotland)

X1C3418 Certificate of registration to be issued.

1

The registrar of companies shall give a certificate of the registration of any charge registered in pursuance of this Chapter.

2

The certificate—

a

shall be either signed by the registrar, or authenticated by his official seal,

b

shall state the name of the company and the person first-named in the charge among those entitled to the benefit of the charge (or, in the case of a series of debentures, the name of the holder of the first such debenture to be issued) and the amount secured by the charge, and

c

is conclusive evidence that the requirements of this Chapter as to registration have been complied with.