walter
12-18-14, 07:54 PM
DECLARATION REGARDING OUTSTANDING DEBTS
DUE TO HER MAJESTY
http://www.international.gc.ca/department-ministere/assets/pdfs/forms-formulaires/2555e.pdf?_ga=1.202319955.394885641.1418929901
What is this used for???
Security for Debts Due to Her Majesty Regulations
http://laws-lois.justice.gc.ca/eng/regulations/SOR-87-505/FullText.html
SECURITY
4. For the purposes of these Regulations, only a charge in favour of Her Majesty on the existing or future personal or real property of a debtor or on the existing personal or real property of a person who is the surety or guarantor of the debtor, shall be deemed to be a security.
2. In these Regulations,
“charge”
“charge” includes a pledge, assignment, debenture, mortgage, encumbrance, hypothec or lien; (droit)
The pledge is the charge and the person being the surety becomes a security.
http://laws-lois.justice.gc.ca/eng/acts/I-21/page-10.html#h-30
“security” means sufficient security, and “sureties” means sufficient sureties, and when those words are used one person is sufficient therefor, unless otherwise expressly required;
Proof that a person is sufficient security.
Can the above form be used to record the settlement of the charge (pledge) buy surrendering the instrument of the pledge?
DUE TO HER MAJESTY
http://www.international.gc.ca/department-ministere/assets/pdfs/forms-formulaires/2555e.pdf?_ga=1.202319955.394885641.1418929901
What is this used for???
Security for Debts Due to Her Majesty Regulations
http://laws-lois.justice.gc.ca/eng/regulations/SOR-87-505/FullText.html
SECURITY
4. For the purposes of these Regulations, only a charge in favour of Her Majesty on the existing or future personal or real property of a debtor or on the existing personal or real property of a person who is the surety or guarantor of the debtor, shall be deemed to be a security.
2. In these Regulations,
“charge”
“charge” includes a pledge, assignment, debenture, mortgage, encumbrance, hypothec or lien; (droit)
The pledge is the charge and the person being the surety becomes a security.
http://laws-lois.justice.gc.ca/eng/acts/I-21/page-10.html#h-30
“security” means sufficient security, and “sureties” means sufficient sureties, and when those words are used one person is sufficient therefor, unless otherwise expressly required;
Proof that a person is sufficient security.
Can the above form be used to record the settlement of the charge (pledge) buy surrendering the instrument of the pledge?