ChargeForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › ChargeThis topic has 1 reply, 2 voices, and was last updated 6 years ago by MikeLittle.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts October 19, 2017 at 11:07 pm #412534 humaiParticipantTopics: 756Replies: 248☆☆☆☆☆HelloIf suppose a fixed charge was created on an asset on 1 june and it was registered on 12 june, and another fixed charge was created on the same asset on 5 june and it was registered on 10 june, which 1 has priority? October 20, 2017 at 7:03 am #412545 MikeLittleKeymasterTopics: 27Replies: 23137☆☆☆☆☆I’ve answered this recently! It USED to be the case that the charge with priority was the one that was first registeredHowever, relatively recently, the priorities have changed and the one that now ranks first is the one that was created firstIn the above scenario, that would be the one created on 1 JuneOK?AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)The topic ‘Charge’ is closed to new replies.