HL Deb 23 October 1985 vol 467 c1164

72A Line 20. leave out from ("security") to end of line 29 and insert ("which, as created, was a floating charge and subsection (2) above applies to any other security").

72B In subsection 3(c) after ("book") insert ("or other").

72C Leave out lines 30 to 38 and insert— ("(4) Where any property is disposed of under subsection (1) above, the holder of the security shall have the same priority in respect of any property of the company directly or indirectly representing the property disposed of as he would have had in respect of the property subject to the security.")