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Version status: Deleted | Document consolidation status: Updated to reflect all known changes
Version date: 6 April 2013 - onwards
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Regulation 33 Special rules about debentures

Deleted from 6 April 2013

Sections 863 to 865 apply to LLPs, modified so that they read as follows -

"863. Charge in series of debentures

(1) Where a series of debentures containing, or giving by reference to another instrument, any charge to the benefit of which debenture holders of that series are entitled pari passu is created by an LLP, it is for the purposes of section 860(1) sufficient if the required particulars, together with the deed containing the charge (or, if there is no such deed, one of the debentures of the series), are delivered to the registrar before the end of the period allowed for registration.

(2) The following are the required particulars -

(a) the total amount secured by the whole series, and

(b) the dates of the determinations of the LLP authorising the issue of the series and the date of the covering deed (if any) by which the series is created or defined, and

(c) a general description of the property charged, and

(d) the names of the trustees (if any) for the debenture holders.

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