Explanatory Notes

Long Leases (Scotland) Act 2012

2012 asp 9

7 August 2012

Part 4: Compensation for Loss of Landlord’s Rights

Supplementary

Section 60: Prescription of requirement to make payment

246.This section provides that the obligation to pay the compensatory or additional payment prescribes (i.e. extinguishes) after 5 years. Prescription starts to run from the date the obligation to pay arises.