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Co-operative and Community Benefit Societies Act 2014, Section 64 is up to date with all changes known to be in force on or before 28 May 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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(1)The FCA may, under section 143, make provision for—
(a)the giving to the FCA of notice of any release, discharge or other transaction relating to a charge created by an instrument a copy of which has been delivered to the FCA in pursuance of section 63;
(b)the giving to the FCA of notice of any security granted by a registered society over any of its assets otherwise than under the relevant provisions as applied by section 62;
(c)the inclusion in the file mentioned in section 63 of any notice within paragraph (a) or (b) of this subsection.
Nothing in this subsection limits the generality of the power to give directions conferred by section 143.
(2)The Court of Session may by Act of Sederunt make rules prescribing the nature of the documents with which, in relation to a charge of a kind mentioned in subsection (1)(a), the creditor may require to be provided for identifying the assets affected by the charge and establishing the society's title to them.
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