Moveable Transactions (Scotland) Act 2023 (asp 3)

Part 1 S Assignation

Modifications etc. (not altering text)

C1 Pt. 1 extended (with modifications) (1.4.2025) by The Moveable Transactions (Scotland) Act 2023 (Financial Collateral Arrangements and Financial Instruments) (Consequential Provisions and Modifications) Order 2025 (S.I. 2025/275), arts. 1(2), 3 (with arts. 4, 20)

Chapter 1 S Assignation of claims, protection of debtors and related matters

Assignation of claims S

7 Claim in respect of wages or salary S

(1) It is not competent for an individual to assign a claim in respect of wages or salary payable to the individual.

(2) For the purposes of subsection (1), “wages” and “salary” include—

(a) any of the following which is referable to the individual’s employment (whether or not payable under the individual’s contract of employment)—

(i) a fee,

(ii) a bonus,

(iii) commission,

(iv) holiday pay, or

(v) any other emolument,

(b) any payment in respect of expenses incurred by the individual in carrying out that employment, and

(c) if the individual is dismissed from that employment by reason of redundancy, any payment referable to the redundancy.

(3) Nothing in subsection (1) affects the operation of any other enactment allowing the assignation of a claim such as is mentioned in that subsection in particular circumstances.

Commencement Information

I1 S. 7 not in force at Royal Assent, see s. 121(2)

I2 S. 7 in force at 1.4.2025 by S.S.I. 2024/378, reg. 2