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Section 7: Endorsement of security under Code Civil Mauricien

Bank of Mauritius Act · PART II: CONSTITUTION OF BANK

consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

7. Endorsement of security under Code Civil Mauricien (1) Where a security is pledged by any bank or other financial institution in favour of the Bank or another bank or financial institution and the relevant entries have been made by the Bank in its books and records in this respect, such entries shall constitute the endorsement of the security for the purpose of article 2076 of the Code Civil Mauricien and the registration of the pledge for the purpose of article 2077 of the Code Civil Mauricien. (2) Articles 2129-1 to 2129-6 and articles 2150-1 to 2150-6 of the Code Civil Mauricien shall apply to the Bank as if the Bank were a bank established under the Banking Act. [Issue 9] B2 – 8 (4) Revised Laws of Mauritius

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