Part 2Floating charges
Registration and creation etc.
47Interpretation
In this Part—
F1 “ central institution ” means—
(a)
the Bank of England,
(b)
the central bank of a country or territory outside the United Kingdom, or
(c)
the European Central Bank;
“company” means an incorporated company (whether or not a company F2as defined in section 1(1) of the Companies Act 2006);
“fixed security”, in relation to any property of a company, means any security (other than a floating charge or a charge having the character of a floating charge) which on the winding up of the company in Scotland would be treated as an effective security over that property including, in particular, a heritable security (within the meaning of section 9(8) of the Conveyancing and Feudal Reform (Scotland) Act 1970 (c. 35)).