Chwilio Deddfwriaeth

Bankruptcy and Diligence etc. (Scotland) Act 2007

Section 144 – Ascription

410.This section provides that, where any sums are recovered by residual attachment or are paid by the debtor while the attachment is in force, those sums must be ascribed to the following heads of claim in the following order—

  • the expenses of the residual attachment chargeable against the debtor;

  • interest on the debt due as at the date the residual attachment order was made;

  • the debt due and any interest on it which has accrued since the making of that order.

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Text created by the Scottish Government to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Acts of the Scottish Parliament except those which result from Budget Bills.

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