OpenLegislation

Article 5 Amendment

Original text. Later amendments are not shown.

In article 5—

(a)

in paragraph (1) after “(2),” insert “(2A),”;

(b)

after paragraph (2) insert—

“(2A)

A partial property transfer to which this Order applies may not transfer the benefit of the security unless the liability which is secured is also transferred.”;

(c)

in paragraph (5) after “(2),” insert “(2A),”; and

(d)

in paragraph (6) after “(2)” insert “, (2A)” in each place where it occurs.