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The Bill for this Act of the Scottish Parliament was passed by the Parliament on 11th February 2010 and received Royal Assent on 18th March 2010
An Act of the Scottish Parliament to amend the law regarding the enforcement of standard securities over residential property; to amend the Bankruptcy (Scotland) Act 1985 as regards the grounds on which a debtor may apply for sequestration, the types of voluntary trust deed to which the Act applies, the sale or disposal of a debtor’s family home and requirements to publish notices about sequestration in the Edinburgh Gazette; and for connected purposes.
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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.
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