Modifications etc. (not altering text)
C1Pt. 2 amendment to earlier affecting provision S.I. 2015/428, Sch. 2 (with application in accordance with art. 1(4) of the amending S.I.) by The Building Societies (Floating Charges and Other Provisions) Order 2016 (S.I. 2016/679), arts. 1(1)(2), 7(b)
C2Pt. 2 applied (prosp.) by 1967 c. 48, s. 3(1) (as substituted by Bankruptcy and Diligence etc. (Scotland) Act 2007 (asp. 3), ss. 49(1), 227 (with s. 223))
Prospective
(1)A floating charge may be discharged by the registration in the Register of Floating Charges of a document of discharge subscribed by the holder of the charge.
(2)A discharge under subsection (1) above may be in whole or to such extent as may be specified in the document of discharge.
(3)This section is without prejudice to any other means by which a floating charge may be discharged or extinguished.
[F1(4)This section does not apply where the floating charge to be discharged (whether in whole or to a specified extent) is or has been held by a central institution.]F1
Textual Amendments
F1S. 44(4) added (21.2.2009) by Banking Act 2009 (c. 1), ss. 253(6), 263(1)(2) (with s. 247); S.I. 2009/296, art. 3, Sch. para. 11