Search Legislation

Bankruptcy and Diligence etc. (Scotland) Act 2007

Section 149 – Date on which inhibition takes effect

420.This section replaces section 155 of the Titles to Land Consolidation (Scotland) Act 1868 with a new version of that section.

421.New section 155 provides that an inhibition takes effect on the day it is registered unless

  • a separate notice of inhibition is registered in the Register of Inhibitions;

  • the schedule of inhibition is served on the debtor after that notice is registered; and

  • the inhibition is registered before 21 days have expired from the date of registering the notice.

422.In those circumstances, the inhibition takes effect from the date of the serving of the schedule. A notice of inhibition must be in the form prescribed by the Scottish Ministers by regulations. By virtue of section 159B of the 1868 Act (inserted by section 164 of this Act), such regulations are subject to negative resolution procedure.

Back to top

Options/Help

Print Options

Close

Explanatory Notes

Text created by the Scottish Executive department responsible for the subject matter of the Act 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

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources