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Part 8 SRectification of the register

Compensation in consequence of rectificationS

84Rectification: compensation for certain expenses and lossesS

(1)The Keeper must pay compensation for—

(a)reimbursement of reasonable extra-judicial legal expenses incurred by a person in securing rectification of the register, and

(b)any loss sustained by the person in consequence of the inaccuracy rectified.

(2)A claimant is not required to exhaust other remedies before making a claim to such compensation.

(3)Payment by the Keeper under this section does not extinguish any rights which the claimant may have against another person in respect of the loss compensated.

(4)But it is a condition of any such payment that the claimant assigns any such rights to the Keeper.

(5)Interest on a sum payable under this section runs from the date mentioned in subsection (6) until the sum in question is paid.

(6)The date is—

(a)where the sum is payable by virtue of subsection (1)(a), the date on which the claimant paid the sum in question,

(b)where the sum is payable by virtue of subsection (1)(b), the date on which the loss was sustained.

(7)The Scottish Ministers may by regulations make provision as to the rate of interest payable by virtue of subsection (5).

Commencement Information

I1S. 84 in force at 8.12.2014 by S.S.I. 2014/127, art. 2