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Moveable Transactions (Scotland) Act 2023

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Status:

Point in time view as at 14/06/2023.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

Changes to legislation:

There are currently no known outstanding effects for the Moveable Transactions (Scotland) Act 2023, Section 13. Help about Changes to Legislation

Valid from 01/04/2025

13Performance in good faith where claim assigned subject to conditionS
This section has no associated Explanatory Notes

(1)Subsection (2) applies where—

(a)a claim in respect of which an assignation document is granted is subject to a condition which must be satisfied before the claim is transferred,

(b)the claim has not yet been transferred by virtue only of the condition not yet being satisfied, and

(c)the debtor, or any co-debtor, performs in good faith to the assignee.

(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)Section 10(3) applies for the purposes of subsection (2) as it applies for the purposes of section 10(2).

Commencement Information

I1S. 13 not in force at Royal Assent, see s. 121(2)

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