Where property subject to an unpaid vendor's lien becomes subject to a market charge, the charge has priority over the lien unless the chargee had actual notice of the lien at the time the property became subject to the charge.
Section 179: Priority of market charge over unpaid vendor's lien.
Companies Act 1989 · 1989 c. 40View on legislation.gov.uk
Part VII: Financial Markets and Insolvency
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