What is a confirmation statement?

A confirmation statement is a statement provided by the Registrar electronically to the person who registered the financing statement or amendment to the registered financing statement on registration of a financing statement or an amendment to a registered financing statement in the Collateral Registry. The Confirmation or Confirmation Statement is provided as set in Form II under Statutory Instrument No 77 of 2016. A secured creditor shall, not later than fourteen working days after the day on which the secured creditor received the confirmation or confirmation statement, give a copy of the statement to the debtor.