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10Section 268 shall apply to an automatic charge as it applies to a mortgage, but with the following modifications, that is to say:—
(a)in subsection (2), for the words " Before a mortgage is delivered to the mortgagee " there shall be substituted the words " Within fourteen days of the making of the agreement giving rise to the automatic charge ";
(b)the reference in paragraph (c) of that subsection to the date of the mortgage shall be construed as a reference to the date of the agreement giving rise to the automatic charge;
(c)so much of the said subsection as relates to the endorsation of any certificate or receipt on the deed of mortgage shall be omitted; and
(d)subsections (3) and (7) shall be omitted.
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