Acts and Regulations

95-57 - General

Section 90
Disposition versions

Full text
Contents of Notice
90(1)Where a secured party wishes to register notice of a security interest in goods which are or may become fixtures or in crops that are growing or to be grown, the secured party shall submit a notice in Form 1 to the appropriate land registration office, setting out
(a) the name and address of the debtor,
(b) the name and address of the secured party,
(c) a description of the goods or crops sufficient to enable them to be identified,
(d) a description of the land to which the goods are or are to be affixed, or on which the crops are growing or to be grown, sufficient for the purpose of identification in the land registry, including the parcel identifier of the land,
(e) the name of the owner of the land as it appears in the land registry, if different from the debtor’s name,
(f) a statement indicating whether or not the security agreement providing for the security interest is a trust indenture, and
(g) a statement specifying, in multiples of whole years, the period of time during which the registration of the notice is to be effective or a statement that it is an infinite registration.
90(2)A notice referred to in subsection (1) shall be signed by the secured party or the secured party’s agent and due execution shall be proved in the manner required by the Registry Act.
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