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Moveable Transactions (Scotland) Act 2023

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No versions valid at: 14/06/2023

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Point in time view as at 14/06/2023. This version of this provision is not valid for this point in time. Help about Status

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There are currently no known outstanding effects for the Moveable Transactions (Scotland) Act 2023, Section 10. Help about Changes to Legislation

Valid from 01/04/2025

10Protection of debtor who performs in good faithS
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(1)Subsection (2) applies where, after a claim is transferred, the debtor, or any co-debtor, performs in good faith to the person last known to the debtor, or that co-debtor, to be the holder of the claim.

(2)The debtor, or (where there are two or more co-debtors) each of the co-debtors, is discharged from the claim to the extent of the performance.

(3)For the purpose of subsection (2), it is not to be taken that a debtor, or any co-debtor, has performed other than in good faith by reason only of (any or all of)—

(a)an assignation document’s having been registered,

(b)the application of section 8(9),

(c)the application of section 8(10).

Commencement Information

I1S. 10 not in force at Royal Assent, see s. 121(2)

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