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Bankruptcy and Diligence etc. (Scotland) Act 2007
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Prospective
127Statement on impact of land attachmentS
This section has no associated Explanatory Notes
(1)The Scottish Ministers must, within 15 months of the commencement of this Chapter, prepare, publish and lay before the Scottish Parliament a statement setting out the impact of land attachment on debt recovery and homelessness.
(2)The statement must specify—
(a)the number of land attachments registered;
(b)the number of warrants for sale—
(i)granted;
(ii)refused; or
(iii)suspended,
under section 97;
(c)the number of persons made homeless as a consequence of this Chapter;
(d)the mean and median sums recovered by land attachment; and
(e)the effect which land attachment appears to have had on debtors' abilities to meet ongoing financial obligations and repay other debts.
(3)In this section, “homeless” has the meaning given in section 24 of the Housing (Scotland) Act 1987 (c. 26).
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