Object of the Bill
The object of this Bill is to provide for the use of movable property as collateral for credit; to provide for the creation and perfection of security interests; to provide for the rules for determining priority of claims among completing claimants; to provide for the registration of security interests in movable property by notices; to provide for a register of services interests in movable property; to provide for the enforcement of security interests, search of the register and for related matters.
Bill Document
Other Attachments
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Security Interests in Movable Property Act, 2019.pdf
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| 2 |
Proposed Amendment to the Security Interest in Movable Property Bill, 2018.pdf
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The Security Interest In Movable Property Bill, 2018
Sponsored By Maj. Gen. (Rtd) Kahinda Otafiire (Minister of Justice and Constitutional Affairs)
Committee: The Committee on Rules, Privileges and Discipline
Start
First Reading/Committee
Bill is in its first stage.
Second Reading
Bill being discussed for the second time in the floor of the House.
Third Reading
Bill is passed by Parliament
Presentation/Waiting Assent
Bill is waiting to be assented by the president.
Assented by President
Bill is now an Act of Parliament because the President has assented to it.
End
Bill passed on 31/03/2019
Bill is now an Act of Parliament because the President has assented to it.
Bill Withdrawn on 01/01/1970