Judicial Factors (Scotland) Act 2025 (asp 3)

Prospective

Part 4 S Distribution of factory estate, termination, recall and discharge of judicial factor

Ending of judicial factor’s accountability on discharge S

37 Ending of judicial factor’s accountability on discharge S

(1) A judicial factor’s accountability for acts and omissions in the capacity of judicial factor in relation to the factory estate or, as the case may be, part of the estate, ends when—

(a) an interlocutor containing an order for discharge of the judicial factor is issued by the clerk of court, or

(b) the judicial factor is discharged by the Accountant.

(2) Subsection (1) does not apply to any acts or omissions in relation to which the judicial factor has incurred criminal liability in the course of holding, managing, administering or protecting the estate.

Commencement Information

I1 S. 37 not in force at Royal Assent, see s. 54(2)