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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2002 - onwards
  Version 2 of 2    

202. Amendment of section 58 (security for future advances, how to be charged) of Principal Act.

(1) Section 58 of the Principal Act is amended -

(a) in subsection (2) by the substitution of "£200,000" for "£20,000" in each place where it occurs, and

(b) by the substitution of "€254,000" for "£200,000" (being inserted by paragraph (a) of this subsection) in each place where it occurs.

(2)

(a) Subsection (1)(a) shall apply and have effect in relation to instruments executed on or after 26 January 2001.

(b) Subsection (1)(b) shall apply and have effect in relation to instruments executed on or after 1 January 2002.

Comparing proposed amendment...