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DRAFT MODEL LAW ON SECURED TRANSACTIONS : WORKING GROUP VI (SECURITY INTERESTS) 28TH SESSION : ADDENDUM
Right to register an amendment or cancellation notice 1. Subject to paragraph 2, the person identified in a registered initial notice as the secured creditor may register an amendment or cancellation notice relating to that notice. 2. (...) An amendment notice may relate to one or more than one item of information in a notice. (...) An error in the grantor identifier entered in a notice does not render the registration of the notice ineffective with respect to other grantors correctly identified in the notice
Language:English
Score: 500618.46 - daccess-ods.un.org/acce.../CN.9/WG.VI/WP.65/ADD.1&Lang=E
Data Source: ods
DRAFT MODEL LAW ON SECURED TRANSACTIONS : NOTE / BY THE SECRETARIAT
An incorrect statement of the grantor identifier in a notice does not render the registration of the notice ineffective with respect to other grantors correctly identified in the notice. 6. (...) The person identified in the notice as the secured creditor may register an amendment or cancellation notice relating to that initial notice at any time. 2. (...) An amendment notice may relate to one or more than one item of information in a notice.
Language:English
Score: 500460.74 - daccess-ods.un.org/acce.../CN.9/WG.VI/WP.59/ADD.1&Lang=E
Data Source: ods
DRAFT MODEL LAW ON SECURED TRANSACTIONS
Obligation to send a copy of a registered notice 1. [Without delay] [promptly] after the registration of a notice, the Registry must send a copy of the notice, indicating the date and time when the registration became effective and the registration number assigned to the notice, to the person identified in the notice as the secured creditor at its address set forth in the notice. 2. (...) Right to register an amendment or cancellation notice 1. The person identified in an initial notice as the secured creditor may register an amendment or cancellation notice relating to that notice at any time. 2. (...) An error in the grantor identifier entered in a notice does not render the registration of the notice ineffective with respect to other grantors correctly identified in the notice. 4.
Language:English
Score: 500180.03 - daccess-ods.un.org/acce.../get?open&DS=A/CN.9/852&Lang=E
Data Source: ods
DRAFT TECHNICAL LEGISLATIVE GUIDE ON THE IMPLEMENTATION OF A SECURITY RIGHTS REGISTRY : ADDENDUM
Registration of amendment and cancellation notices A. General remarks 1. Amendment notices (a) General 1. (...) Instead, the information in the amendment notice should be added to the existing registration information so that a search result will show the initial notice and all subsequently registered amendment notices. 3. (...) IV, para. 109, and rec. 74), notices must be removed from the public registry record once a cancellation notice is registered.
Language:English
Score: 499331.84 - daccess-ods.un.org/acce.../CN.9/WG.VI/WP.54/ADD.4&Lang=E
Data Source: ods
DRAFT UNCITRAL GUIDE ON THE IMPLEMENTATION OF A SECURITY RIGHTS REGISTRY : NOTE : ADDENDUM / BY THE SECRETARIAT
Registration number The regulation should provide that the registry assigns a unique registration number to an initial notice and associates all notices that contain that number with the initial notice. (...) Amendment of information in the public registry record The regulation should provide that: (a) Information in a registered notice may be amended by the secured creditor through the registration of an amendment notice in accordance with recommendation 30, 31 or 33; and (b) The registration of an amendment notice does not result in the deletion or modification of information in registered notices to which the amendment notice relates. (...) V.13-82971 15 A/CN.9/781/Add.1 (e) An insufficient description of encumbered assets in a notice does not render the registration of a notice ineffective with respect to other encumbered assets sufficiently described in the notice.
Language:English
Score: 499262.74 - daccess-ods.un.org/acce...pen&DS=A/CN.9/781/ADD.1&Lang=E
Data Source: ods
DRAFT GUIDE TO ENACTMENT OF THE UNCITRAL MODEL LAW ON SECURED TRANSACTIONS : ADDENDUM
Although this type of change amounts in effect to a cancellation of the registration as it relates to the relevant asset or grantor, it should be effected by registering an amendment notice and not a cancellation notice. A cancellation notice is to be used only when the purpose is to cancel the effectiveness of the registration of an initial notice and all related notices in their entirety (see the definitions of “amendment notice” and “cancellation notice” in art. 1, subparas. (...) Paragraph 2 makes it clear that an amendment notice may relate to more than one item of information in a registered notice. (...) The inclusion of the registration number in a cancellation notice ensures that the cancellation notice extends to the information in all registered notices containing that number.
Language:English
Score: 499251.95 - https://daccess-ods.un.org/acc.../CN.9/WG.VI/WP.71/ADD.3&Lang=E
Data Source: ods
DRAFT TECHNICAL LEGISLATIVE GUIDE ON THE IMPLEMENTATION OF A SECURITY RIGHTS REGISTRY: ANNEX I. TERMINOLOGY AND RECOMMENDATIONS : ADDENDUM
Registration number The regulation should provide that the registry assigns a unique registration number to an initial notice [and that all notices related to that initial notice are assigned the same number]. (...) Recommendation 18. Copy of registered notice The regulation should provide that: (a) The registry promptly transmits a copy of a registered notice to each secured creditor at the address set forth in the notice, indicating the date and time when the registration of the notice became effective and the registration number; and (b) The secured creditor sends a copy of an initial notice to each grantor at the address set forth in the notice and a copy of an amendment notice to each grantor at the address set forth in the notice or at the current address known to the secured creditor within [a short period of time, such as thirty days, to be specified by the enacting State] after the secured creditor has received a copy of the registered notice. (...) Information required in a cancellation notice The regulation should provide that a cancellation notice must contain in the designated field the registration number of the notice to which the cancellation relates.
Language:English
Score: 499246.88 - daccess-ods.un.org/acce.../CN.9/WG.VI/WP.54/ADD.5&Lang=E
Data Source: ods
DRAFT MODEL LAW ON SECURED TRANSACTIONS : ADDENDUM
. [3. An amendment notice other than an amendment notice referred to in paragraph 2 of this article does not extend the period of effectiveness.] (...) . [3. An amendment notice other than an amendment notice referred to in paragraph 2 of this article does not extend the period of effectiveness.] (...) Authority for registration of a notice 1. Registration of an initial notice is ineffective unless authorized by the grantor in writing. 2.
Language:English
Score: 499208.54 - daccess-ods.un.org/acce.../CN.9/WG.VI/WP.55/ADD.2&Lang=E
Data Source: ods
DRAFT MODEL LAW ON SECURED TRANSACTIONS : WORKING GROUP VI (SECURITY INTERESTS) 28TH SESSION : ADDENDUM
It should be noted that the registration of an amendment notice takes effect only from the time when the registration of the amendment notice (not the initial notice) becomes effective (see article 14, para. 1). 12. (...) Section C. Registration of a notice Article 9. Information required in an initial notice 27. (...) Paragraph 2 makes it clear that an amendment notice may relate to more than one item of information in a registered notice.
Language:English
Score: 499202.6 - daccess-ods.un.org/acce.../CN.9/WG.VI/WP.66/ADD.1&Lang=E
Data Source: ods
DRAFT GUIDE TO ENACTMENT OF THE UNCITRAL MODEL LAW ON SECURED TRANSACTIONS
Although this type of change amounts in effect to a cancellation of the registration as it relates to the relevant asset or grantor, it should be effected by registering an amendment notice and not a cancellation notice. A cancellation notice is to be used only when the purpose is to cancel the effect iveness of the registration of an initial notice and all related notices in their entirety (see the definitions of “amendment notice” and “cancellation notice” in art. 1, subparas. (...) Paragraph 2 makes it clear that an amendment notice may relate to more than one item of information in a registered notice. (...) Cancellation notice). 9. The inclusion of the registration number in a cancellation notice ensures that the cancellation notice extends to the information in all registered notices containing that number (see the definition of the term “registration number” in art. 1, subpara.
Language:English
Score: 499198.05 - https://daccess-ods.un.org/acc...pen&DS=A/CN.9/914/ADD.3&Lang=E
Data Source: ods