[859O Notification of addition to or amendment of charge]
Companies Act 2006 | Legislation

[859O  Notification of addition to or amendment of charge]

[(1)     This section applies where, after the creation of a charge, the charge is amended by adding or amending a term that—

(a)     prohibits or restricts the creation of any fixed security or any other charge having priority over, or ranking pari passu with, the charge; or

(b)     varies, or otherwise regulates the order of, the ranking of the charge in relation to any fixed security or any other charge.

(2)     Either the company that created the charge or the person taking the benefit of the charge (or another charge referred to

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