Security over moveable property
Article Abstract:
The securing of debt with moveable property is discussed in light of the British Department of Trade and Industry's recent report thereon; security of debt laws are compared for Great Britain, Scotland, the U.S., and Canada. The Department of Trade and Industry's report is divided into two parts: the Crowther Report, applicable to debt and security law in Britain; and the Halliday Report, applicable to debt and security law in Scotland. Documents securing debt with certain items of moveable property should contain the following five provisions, according to the Halliday Report: (1) indications as to who the debtor and creditor are, (2) descriptions of the debt to be secured, (3) explanations of the security items involved, (4) a statement of purpose as to the creation of security, and (5) a date for the agreement's execution.
Publication Name: The Accountant's Magazine
Subject: Business
ISSN: 0001-4761
Year: 1986
User Contributions:
Comment about this article or add new information about this topic:
Property barometer
Article Abstract:
The industrial property market of Scotland is expected to attract renewed interest from investors in 1992. Among the developments responsible for its increased investment activity are the sale of the Scottish Development Agency and the wave of privatizations in Scotland. The strengthening of yields and the rise in rentals of the industrial property market reflect its renewed vitality, and allows interested developers to carry out projects with a comfortable margin for profit. Private real estate developers such as Rutland Estates and Caledonian Land have already purchased substantial industrial space portfolios. The extent of interest in Scottish industrial property will depend on tenant and owner-occupier demand levels, and the growing tendency of smaller tenant-firms to buy their own buildings.
Publication Name: The Accountant's Magazine
Subject: Business
ISSN: 0001-4761
Year: 1991
User Contributions:
Comment about this article or add new information about this topic:
The common sense of computer security
Article Abstract:
Since companies are coming to rely more and more on their computer systems, there should be a tightening of computer and data security measures. Basic security functions are contained in almost all operating systems, but inefficient network control or the introduction of viruses can still compromise computer security. Data protection depends a great deal on the proper implementation and application of security requirements and controls.There should be a security officer assigned, but computer users should be made aware that they are also responsible for the safety of computer data.
Publication Name: The Accountant's Magazine
Subject: Business
ISSN: 0001-4761
Year: 1991
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: A social security reform proposal. Promises, promises. The price of promises: a new PSAB project will provide information about all types of employee future benefits to help determine the state of a government's finances
- Abstracts: Tarmac. A bridge over troubled waters. Wanted: Private Money to Bridge Italy's Infrastructure Gap
- Abstracts: Claims-made insurance and the coverage gap. 'Floater' Coverage Enables Firms to Insure Artwork Up to Replacement Value
- Abstracts: Establishing overseas operations: tax and treasury considerations. Standardization Eases Treasury Micro Choices
- Abstracts: Professionals without prospects? Pride without prejudice