Commencement Information
I1Sch. 8 wholly in force at 1.11.2001, see s. 113 and S.S.I. 2001/336, art. 2(3), Sch. Pt. II (subject to transitional provisions in art. 3) (as amended by S.S.I. 2001/397, art. 7(b))
1(1)In this schedule—
“disposal” means sale, lease, security, charge or any other disposal and includes the grant of an option,
“secured creditor” means a creditor who holds a security over land held by the landlord or any existing or future interest of the landlord in rents or other receipts from land,
“security” means any security or charge (including a floating charge).
(2)The Scottish Ministers may make provision by order defining for the purposes of this schedule what is meant by a step to enforce a security over land.