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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Floating and fixed charge
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?
Floating because the fixed charge is invalid as being registered out of date
