Law library · Sierra Leone · The Borrowers and Lenders Act, 2014
Section 9, The Borrowers and Lenders Act, 2014
Status not yet checkedThe Borrowers and Lenders Act, 2014, Sierra Leone
(1) The Registrar shall, without delay, after the registrationof an initial, amendment or discharge form, provide to the person
identified as the lender, a copy of the registered form indicating-
(a) the date and time when the registered form
became effective; and
(b) the registration number.
(2) The lender shall within 15 working days provide a
copy of the registered form to the person identified as the borrower,
in the manner prescribed in the credit agreement or other authorisation,
unless the borrower has waived his right in writing.
(3) Failure to meet the obligations under sub-regulation
(2) may not result in the invalidation of the registration of a security
interest.
Read the whole lawDownload PDFAsk Tima what this means
Check the current official version before relying on this text. MiLAWYER shares legal information, not legal advice.