C1Part 4Advance notices

Annotations:
Modifications etc. (not altering text)

I1C163C1Discharge of advance notice

1

A person who applied for an advance notice may apply to the Keeper for the discharge of that notice.

2

An application under subsection (1) may be made only during the protected period.

3

The Keeper may accept an application under subsection (1) only if—

a

the person to whom the intended deed would be granted consents, and

b

either—

i

such fee as is payable in respect of the application is paid, or

ii

arrangements satisfactory to the Keeper are made for payment of that fee.

4

If the Keeper accepts the application, the Keeper must—

a

if the advance notice was entered in the application record––

i

remove it from there, and

ii

if the notice has not already been entered in the archive record, enter it in that record,

b

if the advance notice was recorded in the Register of Sasines, record a notice of discharge in relation to the advance notice.

5

On the advance notice being removed from the application record or, as the case may be, a notice of discharge being recorded, the advance notice ceases to have effect.