Article 64 - Financing statement
(1) A financing statement must be filed in accordance with this Part and any further
(2) The filing of a financing statement is ineffective unless the
Debtor consents to the filing. A Debtor who enters into a Security Agreement is treated as consenting to the filing of a financing statement which relates to the Collateral mentioned in the Security Agreement and its Proceeds.
(3) The filing of a financing change statement which:
(A) adds to the
Collateral covered by a financing statement; or
(B) adds a
Debtor to a financing statement
is ineffective unless that
Debtor consents to the filing.
Debtor may consent to the filing of a financing statement, or be treated as consenting under Article 64(2), with retrospective effect from the date of filing.
(5) Subject to Article 68, a financing statement must contain the following information to be effective:
Name of the Debtor;
Debtor's registered number (if any);
Name and Address of the Secured Party or its agent (if any);
(D) a description of the
(E) whether the filing is to continue indefinitely or for a specified period; and
(F) such other matters as may be prescribed in rules made by the
(6) If the
Collateral is of a type which has a Unique Identifying Number, that number must also be included in the financing statement if that Collateral is of a type prescribed in rules made by the QFC Authority.
|Inserted by QFCA RM2012-1 (as from 11th April 2012)|