105 Form and content of securities

Part VIII Security

General

105  Form and content of securities

(1)     Any security provided in relation to a regulated agreement shall be expressed in writing.

(2)     Regulations may prescribe the form and content of documents (“security instruments”) to be made in compliance with subsection (1).

(3)     Regulations under subsection (2) may in particular—

(a)     require specified information to be included in the prescribed manner in documents, and other specified material to be excluded;

(b)     contain requirements to ensure that specified information is clearly brought to the attention of the surety, and that one part of a document is not given insufficient or excessive prominence

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