Community Empowerment (Scotland) Act 2015 (asp 6)

PART 4 S COMMUNITY RIGHTS TO BUY LAND

Modifications of Part 2 of Land Reform (Scotland) Act 2003 S

47 Notification under section 50 of 2003 Act S

In section 50 of the 2003 Act (power to activate right to buy land where breach of Part 2)—

(a) in subsection (3)(b), after “land”, insert “ , to any creditor in a standard security with a right to sell the land ”, and

(b) after subsection (5), insert—

“(6) For the purposes of subsection (2)(c), the circumstances in which a community interest in land remains in effect include that—

(a) the community body that applied under subsection (1) has, in accordance with subsection (2) of section 44, applied to re-register the interest, and

(b) the Keeper has, by virtue of a direction under subsection (3) of that section, re-entered the interest in the Register.”.

Commencement Information

I1 S. 47 in force at 15.4.2016 by S.S.I. 2015/399, art. 2, Sch. (with art. 3)