MCPE-DL

The Bank of England discontinued the BS79 certification service in 2016. The information below explains what it was, how to handle legacy requests, and what to use instead.

The report below outlines how this single piece of paper navigates the high-stakes tension between property owners and financial institutions. Primary Purpose

As John began planning the project, he knew that selecting the right materials was crucial. He remembered a conversation with a colleague about the importance of using precast concrete blocks for paving, which were designed and manufactured according to the BS 79 standard.

: Confirms that the bank has a prior right to the goods/stock stored in the leased premises. Grants Access

The BS 79 form is a formal letter addressed to the bank (typically SBI) from your landlord. By signing this document, the landlord confirms that:

: It is typically used when inventory (stocks) serves as collateral for a Cash Credit (CC) or term loan facility. Key Components of the PDF Landlord's Declaration : A signed statement from the owner of the premises. Waiver of Distraint

Banks require this form as a safeguard when providing loans secured by inventory (hypothecation). Without it, a landlord might lock the warehouse due to a rent dispute, preventing the bank from reaching its collateral. The BS 79 form legally removes this barrier, ensuring the bank’s security interest remains liquid. How to Use the PDF : Obtain the official BS 79 PDF or DOCX version.

: Through this form, a landlord or godown owner confirms that the bank has a prior claim (lien) on the stored assets, even if there are outstanding rent payments. Access Rights

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