Annex V · Part 2 › 33 COLLATERAL OBTAINED BY TAKING POSSESSION AND EXECUTION PROCESSES (25)
33 COLLATERAL OBTAINED BY TAKING POSSESSION AND EXECUTION PROCESSES (25)
1 paragraph · official text, verbatim
‘Collateral obtained by taking possession’ shall include both assets that were pledged by the debtor as collateral and assets that were not pledged by the debtor as collateral, but were obtained in exchange for the cancellation of debt, whether on a voluntary basis or as part of legal proceedings.