Paragraph 10 Position of guarantor of affected person's liabilities under a security issued by the person
United Kingdom
(1)
Section 194 (claims under section 192(1)) is amended as follows.
(2)
In subsection (1), in paragraph (c), for “issuing company” substitute “borrower”.
(3)
In subsection (2) for “issuing company” substitute “borrower”.
(4)
In subsection (3), in paragraph (a), for “issuing company” substitute “borrower”.