406. Creation and nature of an agricultural charge.

(6)     Agricultural Charges

406.     Creation and nature of an agricultural charge.

Consequent to the UK's withdrawal from the EU, this Halsbury paragraph should be read in conjunction with the EEA Passport Rights (Amendment, etc, and Transitional Provisions) (EU Exit) Regulations 2018, SI 2018/1149, pending incorporation of the changes into the text.

A farmer1 may, notwithstanding any provision in his contract of tenancy to the contrary2, by instrument in writing3 create in favour of a bank4 an agricultural charge on all or any of his farming stock5 and other agricultural assets6 as security for sums on short