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Stage 1 Report on the Moveable Transactions (Scotland) Bill
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PDF Published: Friday 02 Dec 2022 (DPLRS062022R64)
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  • Report
    • Introduction
    • Background to moveable transactions and the Bill's proposals
    • The role of the Scottish Law Commission
    • Consultation on the Bill: Scottish Law Commission
    • General
      • Impact of the reforms proposed in the Bill
    • Assignation
      • Background to assignations
      • The Register of Assignations
      • Dual system of assignation
      • Assignation of debts owed by individual consumers
      • Waiver of defence clauses
    • Statutory pledge
      • Background to statutory pledge
      • Current issues
      • Protections in the Bill for individual consumers
      • Enabling a high-cost credit market
      • Regulation by the Financial Conduct Authority
      • Excluding consumers from the Bill’s proposals
      • £1,000 value threshold for individual consumers
      • Enforcement
        • Court procedure for individuals not acting in a business context
        • Enforcement against small businesses would be possible without a court order
    • Registers
      • Background to the registers
      • The detail of how the registers operate
      • Links with Companies House
      • Voluntary updates to the Register of Statutory Pledges
      • Fees
    • Scope of the Bill - Financial instruments
    • Other points
      • Electronic signature requirements
      • Agricultural charges
    • Delegated Powers Memorandum
    • Financial Memorandum
    • Conclusions on the general principles of the Bill
    • Annexe A: Extracts from minutes
    • Annexe B: Evidence
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Last Updated: 18/5 11:59am

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