- Latest available (Revised)
- Original (As enacted)
This is the original version (as it was originally enacted).
1(1)The Conveyancing and Feudal Reform (Scotland) Act 1970 is amended as follows.
(2)After section 19A (notice to occupier of calling-up), insert—
(1)Where a creditor in a standard security over an interest in land used to any extent for residential purposes serves a calling-up notice, the creditor shall give notice of that fact to the local authority in whose area the security subjects are situated, unless the creditor is that local authority.
(2)Notice under subsection (1) shall be given in the form and manner prescribed under section 11(3) of the Homelessness etc. (Scotland) Act 2003 (asp 10).”
(3)In section 21 (notice of default), in subsection (2A)—
(a)for “Section 19A of this Act applies” substitute “Sections 19A and 19B of this Act apply”,
(b)for “it applies” substitute “they apply”.
(4)In section 24 (application by creditor to court for remedies on default)—
(a)in subsection (3)—
(i)at the end of paragraph (a), the word “and” is repealed, and
(ii)at the end insert “, and
(c)give notice of the application to the local authority in whose area the security subjects are situated, unless the creditor is that local authority.”,
(b)in subsection (4), for “(3)” substitute “(3)(a) or (b)”,
(c)after subsection (4), insert—
“(4A)Notice under subsection (3)(c) above shall be given in the form and manner prescribed under section 11(3) of the Homelessness etc. (Scotland) Act 2003 (asp 10).”
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Text created by the Scottish Government to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Acts of the Scottish Parliament except those which result from Budget Bills.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: