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Bankruptcy and Diligence etc. (Scotland) Act 2007

Section 166 – Ascription

447.This section applies where an inhibition executed to enforce payment of a debt is in force and any payment is made by the debtor on account of the total recoverable by the inhibiting creditor. The payments made on account are allocated to the sum recoverable in the following order—

  • the expenses of any other diligence chargeable against the debtor;

  • the inhibition expenses;

  • interest on the sum due as at the date the inhibition came into force;

  • the debt to which the inhibition relates and any interest due after the date the inhibition comes into force.

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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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