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Floating and fixed charge

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Floating and fixed charge

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
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  • October 21, 2017 at 11:17 pm #412804
    humai
    Participant
    • Topics: 757
    • Replies: 248
    • ☆☆☆☆☆

    Hello

    Let say a floating charge was created on an asset on 3rd May and it was registered on 10th May, and another fixed charge was created on the same asset on 8th May and it was registered on 3rd june, so which 1 has priority?

    October 22, 2017 at 8:22 pm #412869
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    Floating because the fixed charge is invalid as being registered out of date

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Viewing 2 posts - 1 through 2 (of 2 total)
  • The topic ‘Floating and fixed charge’ is closed to new replies.

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