SECTION 46

Where the subject of a pledge is the business, the pledgee shall present to the Registry of the competent court within whose jurisdiction the natural or Corporate person who owns or operates the business is registered the following: 1°) the original copy of the security deed where it is a private contract or a copy thereof if it has been executed by a notarised deed or a court decision authorising the creditor to register the pledge; 2°) four copies of a registration form stating: a) the full names, corporate name, Residence or registered office of the parties, as well as the registration number of the natural or corporate person who owns or operates the business in respect of which the registration is requested; b) the nature and date of the filed pledge deed(s); c) a description of the business which is subject of the pledge; d) the amount of money due on the last day preceding the registration of the pledge and, where applicable, the conditions under which the debt shall be due payment; e) the pledgee’s address of service within the jurisdiction of the court where the Trade and Personal Property Rights Register is kept.