Search Legislation

Advanced Search

The Moveable Transactions (Scotland) Act 2023 (Financial Collateral Arrangements and Financial Instruments) (Consequential Provisions and Modifications) Order 2025

Help about what version

What Version

  • Latest available (Revised)
  • Original (As made)
Help about opening options

Opening Options

Status:

This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

  1. Introductory Text

  2. PART 1 Introductory

    1. 1.Citation, commencement and extent

    2. 2.Interpretation

  3. PART 2 Financial collateral arrangements: assignation

    1. 3.Application of the Act to assignation as part of financial collateral arrangement

    2. 4.Transfer of claim assigned as part of financial collateral arrangement

  4. PART 3 Security over moveable property: financial instruments

    1. 5.Competence of creating statutory pledge over financial instrument

    2. 6.Competence of individual acting as provider of statutory pledge over financial instrument

    3. 7.Creation of pledge over financial instrument other than by registration

    4. 8.Acquisition of financial instrument encumbered by statutory pledge in the ordinary course of trading

    5. 9.Assignation of unregistered statutory pledge over financial instrument

    6. 10.Amendment of unregistered statutory pledge over financial instrument

    7. 11.Restriction, discharge or extinction of unregistered statutory pledge over financial instrument

    8. 12.Further provision as regards evidenced agreements and evidenced statements

    9. 13.Ranking of statutory pledges over financial instruments

    10. 14.Whether court order required for enforcement

    11. 15.Secured creditor’s right to take possession of certificate of financial instrument

    12. 16.Secured creditor’s right to sell financial instrument

    13. 17.Secured creditor’s right to protect and manage financial instrument

    14. 18.Secured creditor’s right to appropriate financial instrument

    15. 19.Appropriation of financial instrument with prior agreement

    16. 20.Savings in relation to enforcement of statutory pledge over financial instrument

  5. PART 4 Consequential modifications of the Act

    1. 21.Modification of Part 1 of the Act

    2. 22.Modification of Part 2 of the Act

  6. Signature

  7. Explanatory Note

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

Explanatory Memorandum

Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as made version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources

The data on this page is available in the alternative data formats listed: