Examples of using Initial notice in English and their translations into Russian
{-}
-
Official
-
Colloquial
Information required in an initial notice.
Information required in an initial notice The Regulation should provide that.
An initial notice must contain the following information in the designated field.
Authority to register an initial notice.
Information required in an initial notice An initial notice must contain the following information in the relevant designated feld.
Ms. Walsh(Canada) said that the registration number was always that assigned to the initial notice.
Registration number" means a unique number allocated to an initial notice by the registry and permanently associated with that notice and any related notice; .
He therefore proposed that the check boxes should be deleted, at least from the initial notice.
Ms. Walsh(Canada), referring back to the initial notice, said that section D of form I concerning duration of registration stated that the notice would be effective until a certain date.
It was suggested that paragraph 1 dealt with the time of registration, while paragraphs 2 and3 dealt with the grantor's authorization for an initial notice.
Another suggestion was that paragraph 3 should be revised to refer to"registration of an initial notice covering the assets described in the security agreement.
Article 36, it was suggested that subparagraph(b)did not need to refer to the manner for entering the relevant kind of information in the initial notice.
The regulation should provide that the registry assigns a unique registration number to an initial notice andassociates all notices that contain that number with the initial notice.
It was also agreed that the first part of paragraph 1 should refer to the date and time registration of a notice became effective andthe second part should refer to the registration number of the initial notice.
With respect to paragraph 3, it was suggested that amendments andcancellations should be indexed not only by the initial notice(rather than registration) number but also by the grantor's identifier and asset serial number.
An interesting example is the position adopted by Poland, which initially notified the International Labour Organization(ILO) of its withdrawal from that organization andsubsequently invalidated the withdrawal through another notification the day before the initial notice was to have taken effect.
It was also recalled that the aim of this procedure was to refine andfinalize the specifications set out in the initial notice, i.e. to enhance precision and to narrow down the possible options that would meet its needs.
The Regulation should make it clear that the secured creditor is responsible for entering the information relating to the amendment in the same manner as required by the Regulation for entering information of that kind in an initial notice see rec. 19 above and rec. 30 below.
Subparagraph 1(e) should be deleted since,as a practical matter only an authorized person could have access to the initial notice and the registry could not verify online the authorization of the person amending an existing notice; .
As in the case of an initial notice, the effective time of registration of an amendment notice(that is, the date and time when the information in the notice became searchable) should be indicated in the registry record relating to that notice see rec. 11, subpara.(b), and paras. 107-113 above.
In the electronic environment, for example, the most effective place for publication to take place is the website where the initial notice of the procurement was published.
In the definition of the term"registration number", reference should be made to the number of the initial notice only, which should be assigned by the registry and provided by the registrant in the case of an amendment or cancellation of a notice, rather than multiple registration numbers;
Ii If information is to be added, deleted or changed, the information to be added, deleted orchanged in the manner for entering the relevant kind of information in an initial notice in accordance with recommendation 23; and.
In the discussion, it was suggested that in the secondpart of paragraph 1, reference should be made to the initial notice, as the registration number that would control all subsequent registrations would be the registration number of the initial notice see para. 20(g) above.
While the registrant could achieve the same result by registering separate notices for each grantor, this is a more cumbersome process,since the registrant would need to re-enter in each separate notice all the other information about that grantor that is required to be included in an initial notice.
It was stated that, as a result, if the maximum limit was, for example, 15 years andthe registrant chose to indicate seven years in the initial notice, the registrant could indicate 15 years in each amendment notice. .
With respect to subsection A.4(description of encumbered assets), it was agreed that paragraphs 10 and11 should be revised to clarify that the need to amend the description of the encumbered assets in the notice would arise only if the proceeds were of a type that was not covered by the description of the encumbered assets in the initial notice.
It was also agreed to amend thetext to provide that, where the framework agreement was paper-based, the initial notice to participate in the framework agreement should be republished periodically in the same journal in which the initial publication was made.
As already noted(see A/CN.9/WG. VI/WP.54/Add.4, paras. 25-27), recommendation 47 provides that, where a secured creditor registers a cancellation notice in error, the third-party effectiveness and priority of its security right is lost andcan be re-established only with effect from the time a new initial notice is registered.
In the electronic environment, for example, the most effective manner,means and place for serving notices is the website where the initial notice of the procurement was published, and the procurement regulations should encourage or require the procuring entity to do so;