Part XXIII Oversea Companies

F2F2Chapter III Registration of Charges

Annotations:
Amendments (Textual)

703HF1 Further provisions with respect to voidness of charges.

1

The following provisions of Part XII apply in relation to the voidness of a charge by virtue of this Chapter—

a

section 404 (exclusion of voidness as against unregistered charges),

b

section 405 (restrictions on cases in which charge is void),

c

section 406 (effect of exercise of power of sale), and

d

section 407 (effect of voidness on obligation secured).

2

In relation to a charge of which particulars are required to be delivered under section 703D(3) (charges registrable by virtue of property being within Great Britain for requisite period), the reference in section 404 to the period of 21 days after the charge’s creation shall be construed as a reference to the period of four months referred to in that subsection.