23(1)Subject to subsection (2), where the collateral to which a registration relates is
(a)
consumer goods that are serial numbered goods, the registrant shall enter a description of the collateral in accordance with section 25,
(b)
consumer goods that are not serial numbered goods, the registrant shall enter a description of the collateral in accordance with section 24,
(c)
equipment that is serial numbered goods, the registrant shall enter a description of the collateral in accordance with section 24 or 25,
(d)
equipment that is not serial numbered goods, the registrant shall enter a description of the collateral in accordance with section 24, or
(e)
items of inventory, whether or not serial numbered goods, the registrant shall enter a description of the collateral in accordance with section 24.
23(2)Where the collateral to which a registration relates is proceeds to be described for the purposes of subsection 28(3) or (4) of the Act, and the collateral is
(a)
consumer goods that are serial numbered goods, the registrant shall enter a description of the collateral in accordance with section 25,
(b)
equipment that is serial numbered goods, the registrant shall
(i)
enter a description of the collateral in accordance with section 25, or
(ii)
enter a description of the collateral in accordance with section 24 and indicate that the description relates to proceeds, or
(c)
collateral not referred to in paragraph (a) or (b), the registrant shall enter a description of the collateral in accordance with section 24 and indicate that the description relates to proceeds.
23(1)Subject to subsection (2), where the collateral to which a registration relates is
(a)
consumer goods that are serial numbered goods, the registrant shall enter a description of the collateral in accordance with section 25,
(b)
consumer goods that are not serial numbered goods, the registrant shall enter a description of the collateral in accordance with section 24,
(c)
equipment that is serial numbered goods, the registrant shall enter a description of the collateral in accordance with section 24 or 25,
(d)
equipment that is not serial numbered goods, the registrant shall enter a description of the collateral in accordance with section 24, or
(e)
items of inventory, whether or not serial numbered goods, the registrant shall enter a description of the collateral in accordance with section 24.
23(2)Where the collateral to which a registration relates is proceeds to be described for the purposes of subsection 28(3) or (4) of the Act, and the collateral is
(a)
consumer goods that are serial numbered goods, the registrant shall enter a description of the collateral in accordance with section 25,
(b)
equipment that is serial numbered goods, the registrant shall
(i)
enter a description of the collateral in accordance with section 25, or
(ii)
enter a description of the collateral in accordance with section 24 and indicate that the description relates to proceeds, or
(c)
collateral not referred to in paragraph (a) or (b), the registrant shall enter a description of the collateral in accordance with section 24 and indicate that the description relates to proceeds.