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The Industrial and Provident Societies and Credit Unions (Arrangements, Reconstructions and Administration) Order 2014
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Appointment of administrator by holder of floating charge
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9. In Rule 2.16 (notice of appointment), in paragraph (5)(b) the reference to the date on which the floating charge was registered is a reference to the date on which—
(a)the FCA issued an acknowledgement under section 1(3) of the 1967 Act (charges on assets of English and Welsh societies)(1) of the application for the recording of the charge made in accordance with section 1(2) of that Act; or
(b)the debenture creating the charge was registered under section 9 of the Agricultural Credits Act 1928(2) as applied by section 14 of that Act.
(1)
Section 1 was amended by S.I. 1996/1738, 2001/2617, 2001/3649 and 2013/496.
(2)
1928 c. 43. Section 9 was amended by the Land Charges Act 1972 (c. 61), Schedule 3, paragraph 7, and by S.I. 2011/2436.
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