Judicial Factors (Scotland) Act 2025 (asp 3)

Part 6 Miscellaneous and general

General

53 Interpretation

In this Act—

• “the Accountant” means the Accountant of Court,

• “appointing interlocutor” has the meaning given in section 7(1),

• “appointment date” has the meaning given in section 9(1),

• “the court” is to be construed in accordance with section 1(8),

• “estate” includes heritable and moveable property,

• “factory estate” means the estate on which a judicial factor is appointed,

• “interest in the estate” means an interest in the factory estate after payment of any debts,

• “judicial factor” means a person appointed as such by a court, whether under an enactment or a rule of law, to hold, manage, administer and protect an estate,

• “Keeper” has the meaning given in section 7(1)(b), and

• “OSCR” has the meaning given in section 2(1)(a).