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Why? Because it continues to hold onto the secured asset, a thbird party dealing with it (who might wish to take security over it) needs to know that it is impressed with a security interest. Not so important when the charge physically holds the asset, since the charger in that case isn't free to deal with it. | Why? Because it continues to hold onto the secured asset, a thbird party dealing with it (who might wish to take security over it) needs to know that it is impressed with a security interest. Not so important when the charge physically holds the asset, since the charger in that case isn't free to deal with it. | ||
{{seealso}} | |||
*[[Financial Collateral Regulations]] | |||
{{charges in Ireland}} | {{charges in Ireland}} | ||
{{ref}} | {{ref}} |