78 Enforcement of security
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78Enforcement of security
(1) A person may not take any step to enforce a security over property of a company which is a universal service provider unless—
(a) notice of the intention to do so has been served on the Secretary of State and OFCOM, and
(b) a period of at least 14 days has elapsed since the service of the last of those notices to be served.
(2) In the case of a foreign company which is a universal service provider, the reference to the property of the company is to its property in the United Kingdom.
To be appointed
To be appointed: see s 93(3).
Enforcement of Security & Remedies99
Lending & Security99
Banking & Finance Law99
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