58Creditors in standard security with right to sell land: appealsS
This section has no associated Explanatory Notes
In section 61 of the 2003 Act (appeals)—
(a)after subsection (3), insert—
“(3A)A creditor in a standard security with a right to sell land may appeal to the sheriff against—
(a)a decision by Ministers that a community interest in the land is to be entered in the Register, or
(b)a decision by Ministers to give consent to the exercise by a community body of its right to buy the land.”,
(b)in subsection (4), for the words “or (3)”, substitute “ , (3) or (3A) ”, and
(c)in subsection (6)—
(i)the word “and” immediately following paragraph (a)(i) is repealed,
(ii)in paragraph (a), after sub-paragraph (ii), insert “and
(iii)any creditor in a standard security with a right to sell the land to which the appeal relates;”,
(iii)the word “and” immediately following paragraph (b)(i) is repealed,
(iv)for the word “or” immediately following paragraph (b)(ii), substitute “and
(iii)any creditor in a standard security with a right to sell the land to which the appeal relates;”,
(v)the word “and” immediately following paragraph (c)(ii) is repealed,
(vi)in paragraph (c), after sub-paragraph (iii), insert “and
(iv)any creditor in a standard security with a right to sell the land to which the appeal relates;”, and
(vii)after paragraph (c), insert “or
(d)under subsection (3A) above, the creditor must intimate that fact to—
(i)the community body,
(ii)the owner, and
(iii)Ministers.”.