A New Approach to the Registration of Company Charges - the Law Commission's Consultation Paper
Mondaq Business Briefing › United Kingdom Law Articles in English (2002)
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A New Approach to the Registration of Company Charges - the Law Commission's Consultation Paper
This July the Law Commission issued Consultation Paper No. 164 entitled Registration of Security Interests: Company Charges and Property other than Land. The Paper outlines plans for the wholesale reform of the existing system of registration for company charges under the Companies Act 1985 ('the Act'). The current system, which has its origins in the Companies Act 1900 and its late nineteenth-century antecedents, has been criticised for many years. Previous attempts at reform, though, have fai...
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