Modifications etc. (not altering text)
C1Pt. II explained by Redemption of Standard Securities (Scotland) Act 1971 (c. 45), s. 2
C2Pt. II (ss. 9-32) applied (with modifications) (12.4.1993) by Health and Social Services and Social Security Adjudications Act 1983 (c. 41, SIF 113:3), s. 23(6); S.I. 1992/2974, art. 2, Sch.
Pt. II (ss. 9-32) applied (with modifications) (16.7.1993) by S.I. 1993/1516, art. 5
C3The provisions of Pt. II, other than ss. 9(1) and (2), 12 and 14, applied (with modifications) by S.I. 1987/381, reg. 40(5)
(1)The security constituted by any standard security duly [F1registered or] recorded may be restricted, as regards any part of the [F2land or real right] in land burdened by the security, by a deed of restriction in conformity with Form C of Schedule 4 to this Act, and, upon that deed being duly [F1registered or] recorded, the security shall be restricted [F3to the land or real right contained in the standard security other than the part of that land or real right disburdened by the deed; and the land or real right] thereby disburdened shall be released from the security wholly or to the extent specified in the deed.
(2)A partial discharge and deed of restriction of a standard security, which has been duly [F4registered or] recorded, may be combined in one deed, which shall be in conformity with Form D of the said Schedule 4.
Textual Amendments
F1Words in s. 15(1) inserted (8.12.2014) by Land Registration etc. (Scotland) Act 2012 (asp 5), ss. 122, 123, sch. 5 para. 17(9)(a) (with s. 121, sch. 4 paras. 13, 16); S.S.I. 2014/127, art. 2
F2Words in s. 15(1) substituted (28.11.2004) by 2000 asp 5, ss. 76(1), 77(2)(c)(d), sch. 12 Pt. 1 para. 30(11) (with ss. 58, 62, 75); S.S.I. 2003/456, art. 2
F3Words in s. 15(1) substituted (28.11.2004) by 2000 asp 5, ss. 76(1), 77(2)(c)(d), sch. 12 Pt. 1 para. 30(11) (with ss. 58, 62, 75); S.S.I. 2003/456, art. 2
F4Words in s. 15(2) inserted (8.12.2014) by Land Registration etc. (Scotland) Act 2012 (asp 5), ss. 122, 123, sch. 5 para. 17(9)(b) (with s. 121, sch. 4 paras. 13, 16); S.S.I. 2014/127, art. 2
Modifications etc. (not altering text)
C4Ss. 14-30 applied (with modifications) (28.11.2004) by 2000 asp 5, ss. 69, 77(2)(a) (with ss. 58, 62, 75); S.S.I. 2003/456, art. 2