HC Deb 26 October 1989 vol 158 c1163

405.—(1) A charge is not void by virtue of this Part as against a person acquiring an interest in or right over property where the acquisition is expressly subject to the charge.

(2) Nor is a charge void by virtue of this Part in relation to any property by reason of a relevant event occuring after the company which created the charge has disposed of the whole of its interest in that property.