+Article 60 1

Article 60 1

1.   Member States shall ensure that there is appropriate protection for liabilities secured under a security arrangement to prevent one or more of the following:

(a)

the transfer of assets against which the liability is secured, unless that liability and benefit of the security are also transferred;

(b)

the transfer of a secured liability, unless the benefit of the security are also transferred;

(c)

the transfer of the benefit of the security, unless the secured liability is also transferred;

(d)

the modification or termination of a security arrangement through the use of ancillary powers, where the effect of that modification or termination would be that the liability ceases to be secured.

1. Ħarsa ġenerali

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Titlu Regolamentazzjoni

1.1 Referenzi

1.2 Rekwiżiti identifikati

1.3 Standards relatati

2. Rekwiżiti identifikati

Rekwiżiti
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3. Standards relatati

Standards
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