Part 4Land attachment and residual attachment
Chapter 2Attachment of land
Preparations for sale of attached land
100Protection of purchaser under contract where warrant for sale granted
1
This section applies where—
a
a warrant for sale has been granted under section 97(2) of this Act; and
b
a person (in this section, the “prospective purchaser”) had, before the notice of land attachment was registered, entered into a contract to purchase attached land from the debtor.
2
The sheriff may, on the application of the prospective purchaser and if satisfied as to the matters mentioned in section 99(3) of this Act, make an order—
a
suspending the warrant for sale for a period not exceeding 1 year from the day on which the order is made;
b
requiring the prospective purchaser to pay the price under the contract to the appointed person; and
c
making such other incidental or consequential provision as the sheriff thinks fit.
3
Section 116 of this Act applies to the proceeds of sale paid to the appointed person in pursuance of an order under subsection (2) above as it applies to a sale in pursuance of a warrant for sale.