PUBLIC NOTICE – PARTICULARS OF CHARGES

Please be informed that pursuant to the Secured Transaction in Movable Assets Act (STMA Act 2017) and in strict compliance with the provisions of Section 2(1)(c) of the same Act, customers who are desirous of registering their charges with the  Commission shall be required to accompany the FORM CAC8 with the following additional information.

1. Serial number or Chassis number of the collateral (Motor Vehicle, Plane, Boats, Plants and machinery etc.)
2. BVN of the Business Owners/Board of Directors
3. Moveable assets Used
4. High level description of the moveable assets used.

Please note that these requirements apply to Moveable assets only and shall take effect on 3^rd April, 2018.

MANAGEMENT

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