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PART 4Rights of creditors

Conditions referred to in article 12

13.  The conditions referred to in article 12(1) are that–

(a)the debt is constituted by–

(i)decree; or

(ii)a document which has been registered for execution in the Books of Council and Session or, as the case may be, in the appropriate sheriff court books kept for any sheriffdom; and

(b)either–

(i)the creditor has executed diligence but has not recovered the debt in full; or

(ii)it does not appear that the association has any assets which reasonably could be recovered by diligence.