Draft Common Frame of Reference:IX. — 1:104 Retention of ownership devices: applicable rules

Draft Common Frame of Reference

IX. — 1:104 Retention of ownership devices: applicable rules

Geldend

Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.

(1)

Retention of ownership devices are subject to the following rules on security rights, unless specifically provided otherwise:

(a)

IX. — 2:104 (Specific issues of transferability, existence and specification) paragraphs (2) to (4);

(b)

Chapter 2, Sections 3 and 4;

(c)

Chapters 3 to 6; and

(d)

Chapter 7, Section 1.

(2)

When applying rules on security rights to retention of ownership devices, the following adaptations apply:

(a)

references to the encumbered assets refer to the assets supplied under a contract of sale, hire-purchase, leasing or consignment, respectively;

(b)

in retention of ownership under contracts of sale, references to the secured creditor are to be understood as referring to the seller, and references to the security provider as referring to the buyer;

(c)

in retention of ownership devices under contracts of hire-purchase, references to the secured creditor are to be understood as referring to the supplier, and references to the security provider as referring to the hire-purchaser;

(d)

in retention of ownership devices under contracts of financial leasing, references to the secured creditor are to be understood as referring to the lessor, and references to the security provider as referring to the lessee; and

(e)

in retention of ownership devices under contracts of consignment, references to the secured creditor are to be understood as referring to the supplier, and references to the security provider as referring to the consignee.

Deze functie is alleen te gebruiken als je bent ingelogd.