786. Charges existing on property or undertaking acquired

Past version: effective from 21/10/2015 - 20/10/2015
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(1) This section applies where an LLP acquires property or undertaking which is subject to a charge of a kind which would, if it had been created by the LLP after the acquisition of the property or undertaking, have been capable of being registered under section 784.
(2) The Registrar must register the charge if the LLP or any person interested in the charge delivers to the Registrar for registration a charge filing statement.
(3) Where the charge is created or evidenced by an instrument, the Registrar is required to register it only if a certified copy of the instrument is delivered to the Registrar with the statement of particulars.