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This version of this statute is extracted from the UK Statute Law Database (SLD). It is not necessarily in the form in which it was originally enacted but is a revised version, which means that any subsequent amendments to the text and other effects are incorporated with annotations.
There are effects on this legislation that have not yet been applied to SLD for the following years: 2003, 2004, 2005, 2007 and 2009. See the Tables of Legislative effects and the Update status of legislation page on the SLD website.
10. Import of forms of, and certain clauses in, standard security
11. Effect of recorded standard security, and incorporation of standard conditions
20. Exercise of rights of creditor on default of debtor in complying with a calling-up notice
23. Rights and duties of parties after service of notice of default to which objection is not taken, or where the notice is not set aside
24. Application by creditor to court for remedies on default
Provisions as to Heritable Securities
35. Power of creditor in bond and disposition in security to sell to include power to sell by private bargain
36. Alteration of periods during which sale of land held in security is to be advertised
40. Discharge of heritable security constituted byex facieabsolute conveyance
41. Restriction on effect of reduction of certain discharges of securities
42. Extension of s. 13 to certain existing forms of heritable securities
Land obligations not subject to variation or discharge under section 1
Discharge of Heritable Security Constituted by Ex Facie Absolute Conveyance
An Act to provide as respects Scotland for the variation and discharge of certain obligations relating to land; to facilitate the allocation of feuduties and ground annuals; to reduce the period of positive prescription of 20 years to 10 years; to provide for a new form of heritable security; to make certain amendments to the existing law relating to heritable securities; to make certain other amendments to the law relating to conveyancing; to abolish the rights of pre-emption of heritors in respect of glebes; to amend the Lands Tribunal Act 1949; and for connected purposes.
[29th May 1970]
Conveyancing and Feudal Reform (Scotland) Act 1970