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Bankruptcy and Diligence etc. (Scotland) Act 2007

Section 197 – Ascription

648.Section 197 provides that, where any sums are recovered by the money attachment or paid by the debtor while the money attachment is in force, those sums will be ascribed to the following heads of claim in the following order—

  • the expenses of the money attachment which are chargeable against the debtor;

  • any interest on the sum due under the decree accrued up to the date of the money attachment;

  • the sum due under the decree (including interest on that sum which has accrued since the date the money attachment was executed).

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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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