| Option B | :4!c//1!a | (Qualifier)(Flag) |
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
1 |
O |
OWNF |
N |
|
B |
Ownership Flag |
This qualified generic field specifies:
OWNF |
Ownership Flag |
Indicates whether the collateral giver owns the claimed collateral. |
Flag must contain one of the following codes :
N |
No |
The collateral giver doesn't own the collateral. |
Y |
Yes |
The collateral giver owns the collateral. |
The bilateral agreement must include whether the ownership flag is part of the eligibility criteria. If it is part of the eligibility criteria, the ownership flag must be present, otherwise it is not needed.