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Moveable Transactions (Scotland) Act 2023

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    Commentary on Sections

    Part 1 – Assignation

    Chapter 2 – Register of Assignations
    Registration process
    Section 24 – Application for registration where claims assigned to different assignees

    121.This section deals with the case where one assignation document assigns different claims to different assignees. It ensures that individual assignees will still retain control over registration as it relates to the claim assigned to them. It therefore provides that the application for registration will be made only in relation to the claim assigned to that individual.

    122.Subsection (2) provides for how various terms in the Act are to be read in cases where an assignation document of this nature is being or has been registered.

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