MORTGAGES, DEBENTURES AND RECEIVERS 2o1 
2) The statutory particulars of charges on property 
acquired by such companies after the 31st October, 
1929, subject to a subsisting charge which, if created 
by an English company, would have required 
registration under s. 79 [s. go]. 
The statutory particulars of charges subsisting on 
the 1st November, 1929, which, if created after that 
date, or if comprising property acquired by a com- 
pany after that, would have required registration 
ander s. go. 
[t will be noticed that these provisions apply to companies 
registered in Ireland or Scotland which have an established 
place of business in England. 
[t will be observed that loans secured by a deposit of 
shares are not included, nor are loans secured by the deposit 
of acceptances, warrants, or other negotiable instruments. 
The list of mortgages and charges requiring registration at 
Somerset House is thus still not complete. 
Registration under s. 79 must be effected within 21 days 
after the creation of the charge. To do so, the instrument 
Jif any) by which the mortgage or charge is created or evidenced 
or in certain cases a copy thereof [see sub-ss. (3) and (5)], 
verified as required by Rule 4 of the Companies (Forms) Order, 
1929, must be delivered to the Registrar, and in addition 
certain particulars are required to be furnished. These 
include (see Companies (Forms) Order, 1929, Form 47) the date 
and description of the instrument creating or evidencing the 
mortgage or charge, the amount secured, short particulars of 
the property charged, and the names, addresses and descrip- 
tions of the mortgagees or persons entitled to the charge. 
Further, the amount or rate of any discount or commission 
to subscribers for debentures must be given [s. 79 (9)]. In 
the case of a series of debentures the particulars are in many 
respects different [s. 79 (8) and Companies (Forms) Order, 
1929, Forms 47 and 4: . 
Under the Act of 1908 there was no obligation to register a 
charge on property acquired by the company subsisting, prior 
to the acquisition of the property by the company, and com- 
panies registered outside England, did not have to register 
any charges, but now as appears from the above summary, 
under s. 81, where a company registered in England acquires 
any property which is subject to a charge which would, if it 
had been created by the company after the acquisition of the 
property have been required to be registered under this part 
of the Act, the company must cause the prescribed particulars 
3) 
Loans by 
Deposit of 
Securities. 
Time and 
Mode of 
Registration. 
Non- 
Registration.