Article 18 - Perfection: Temporary Perfection

(1) This Article applies to a Security Interest perfected by the filing of a Financing Statement where the Debtor changes its name, registered number (if any) or other identifier with the result that a filed Financing Statement becomes seriously misleading such that the existence of the Security Interest would not be discovered by a reasonable search under Article 143 of the Companies Regulations (whether or not a search is actually carried out).
(2) This Article also applies to a Security Interest in Personal Property perfected under Article 13 (Perfection: possession) or in a Certificated Security which a Secured Party delivers to the Debtor for the purpose of:
(A) sale or exchange; or
(B) presentation, collection, enforcement, renewal, or registration of a transfer.
(3) This Article also applies to a Security Interest perfected under Article 14 in a negotiable Document of Title or Goods held by a Bailee that are not covered by a negotiable Document of Title, if the Secured Party makes the Document of Title or Goods available to the Debtor for the purpose of:
(A) sale or exchange; or
(B) loading, unloading, storing, shipping, transhipping, manufacturing, processing, packaging or otherwise dealing with Goods in a manner preliminary to their sale or exchange.
(4) A Security Interest to which this Article applies remains perfected for 20 Business Days after the Collateral is made available to the Debtor save that in the circumstances specified in paragraph (1) the Security Interest remains perfected for 80 Business Days.
(5) After the expiry of that period, perfection depends on compliance with the other provisions of these Regulations relating to the perfection of a Security Interest.