5. Insertion of new section 433A in the principal enactment

The following new section is hereby inserted immediately after section 433 of the principal enactment and shall have effect as section 433A of that enactment: -

“Interpretation 433A. In this Part of this Act, the term “floating charge” means a “security right” for the purpose of the application of the provisions of the Secured

Transactions Act, No. 17 of 2024.”.