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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 12 March 2015 - onwards
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97. Registration of judgment mortgages

(1) If judgment is recovered against an ICAV and that judgment is subsequently converted into a judgment mortgage affecting any property of the ICAV, the judgment mortgage shall be void against the liquidator and any creditor of the ICAV unless the procedure set out in subsection (2) with respect to the judgment mortgage’s registration is complied with.

(2) The procedure for registration under this subsection consists of the taking of steps so that there is received by the Bank, together with the relevant judgment mortgage document, such particulars of the judgment mortgage, in such form, as may be specified by the Bank, not later than 21 days after the following date.

(3) That date is the date on which notification by the Property Registration Authority of the judgment mortgage’s creation is received by the judgment creditor.

(4) In subsection (2) the "relevant judgment mortgage document" means a certified copy of, as appropriate -

(a) Form 60, 60A or 60B set out in the Schedule o

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