ADVOKS GLOBAL · KENYA
Movable Property Security Rights Act
85. Relevant time for determining location
Edition: 2022-12-31 · In force
85. Relevant time for determining location
(1)Except as provided in subsection (2), references to the location of the collateral or the grantor in the provisions of this Part refer—(a)for creation issues, to the location at the time of the creation of the security right; and(b)for third-party effectiveness and priority issues, to the location at the time the issue arises.(2)If the rights of all secured creditors in the collateral are created and made effective against third parties and the rights of all claimants are established before a change in the location of the collateral or the grantor, references in the provisions of this Part to the location of the collateral or of the grantor refer, with respect to third-party effectiveness and priority issues, to the location prior to the change in location.