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Moveable Transactions (Scotland) Act 2023

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Changes over time for: Section 100

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There are currently no known outstanding effects for the Moveable Transactions (Scotland) Act 2023, Section 100. Help about Changes to Legislation

100Correction of the statutory pledges record at instance of the court or the KeeperS
This section has no associated Explanatory Notes

(1)Where a court determines in any proceedings that the statutory pledges record is inaccurate, the court—

(a)must direct the Keeper to correct the record, and

(b)may give the Keeper any further direction it considers necessary in connection with the correction.

(2)Subsection (3) applies where the Keeper becomes aware of a manifest inaccuracy in the statutory pledges record other than—

(a)as a result of a direction under subsection (1),

(b)where an application has been made under section 96(1) or 98(6) in respect of the inaccuracy, or

(c)where the Keeper considers that—

(i)such an application could reasonably be made in respect of the inaccuracy, and

(ii)the inaccuracy is not attributable to the Keeper.

(3)The Keeper must—

(a)correct the record if what is needed to correct it is manifest,

(b)if what is needed to correct it is not manifest, note the inaccuracy on the entry in question.

Modifications etc. (not altering text)

Commencement Information

I1S. 100 not in force at Royal Assent, see s. 121(2)

I2S. 100 in force at 1.4.2025 by S.S.I. 2024/378, reg. 2

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