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Bankruptcy and Diligence etc. (Scotland) Act 2007

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Status:

Point in time view as at 01/04/2015. This version of this provision is prospective. Help about Status

Changes to legislation:

There are currently no known outstanding effects for the Bankruptcy and Diligence etc. (Scotland) Act 2007, Section 112. Help about Changes to Legislation

Prospective

112Effect of registration of disposition on securitiesS
This section has no associated Explanatory Notes

Where a disposition of attached land is granted in execution of a warrant for sale to a purchaser, then, on the registration of the disposition, the land is disburdened of—

(a)the land attachment; and

(b)any—

(i)heritable security; or

(ii)diligence,

ranking pari passu with, or after, the land attachment.

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