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Thread: Declaration regarding outstanding debts due to her majesty

  1. #1

    Declaration regarding outstanding debts due to her majesty

    DECLARATION REGARDING OUTSTANDING DEBTS
    DUE TO HER MAJESTY


    http://www.international.gc.ca/depar...641.1418929901

    What is this used for???

    Security for Debts Due to Her Majesty Regulations
    http://laws-lois.justice.gc.ca/eng/r.../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/a...e-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?

  2. #2
    I might be wrong here but walter what does the Canadian code have to say about lawful money or the redemption of it?
    "And if I could I surely would Stand on the rock that Moses stood"

  3. #3
    Quote Originally Posted by walter View Post
    DECLARATION REGARDING OUTSTANDING DEBTS
    DUE TO HER MAJESTY


    http://www.international.gc.ca/depar...641.1418929901

    What is this used for???

    Security for Debts Due to Her Majesty Regulations
    http://laws-lois.justice.gc.ca/eng/r.../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/a...e-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?
    For some reason 'statute staple' is ringing in my ears.
    All rights reserved. Without prejudice. No liability assumed. No value assured.

    "The object in life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane." -- Marcus Aurelius
    "It is the glory of God to conceal a thing: but the honour of kings is to search out a matter." Proverbs 25:2
    Prove all things; hold fast that which is good. Thess. 5:21.

  4. #4
    Quote Originally Posted by Chex View Post
    I might be wrong here but walter what does the Canadian code have to say about lawful money or the redemption of it?
    The code in Canada that deals with lawful money is in the "Bank of Canada Act".
    I think David knows the exact section.
    Maybe he will pipe in an say what section.
    I don't file income tax so I never had to use it.


    The Government of Canada's
    terminology and linguistic data bank ... TERMIUM PLUS
    http://www.btb.termiumplus.gc.ca/tpv...LAWFUL%20MONEY


    redeemable in lawful money
    OBS – Examine a ten-dollar bill or some other paper bill. You probably find it says "Federal Reserve Note". Also, it announces itself as "legal tender for all debts, public and private". Until recently it contained the further, and nonsensical, statement that it "is redeemable in lawful money at the United States Treasury or at any Federal Reserve Bank".

    They call it "nonsensical" yet when doing a google search for "lawful money" in the Government of Canada Acts and Statutes you get about 1,660 search results for "lawful money".

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