Ritical evaluation of the UK governmentsa reforming the law of company charge registration

Title:
Critical evaluation of the UK governmentsa reforming the law of company charge registration

The UK Governmentas plans to reform the law of company charge registration in England are inadequate. The current law on charge registration is confused and out of date and what is really needed is more fundamental reform. It is now time for the UK to adopt a modern Personal Property Security Law based upon American and Australian experience.
Critically evaluate the truth of this statement.

All the other materials to be utilized in this essay are attached as supplementary.