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Mortgage Rights (Scotland) Act 2001

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Changes over time for: Mortgage Rights (Scotland) Act 2001 (without Schedules)

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Changes to legislation:

Mortgage Rights (Scotland) Act 2001 is up to date with all changes known to be in force on or before 07 December 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

F11 Application to suspend enforcement of standard securityS

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Textual Amendments

F1Ss. 1-3 repealed (30.9.2010) by Home Owner and Debtor Protection (Scotland) Act 2010 (asp 6), ss. 8(4)(a), 17(3) (with s. 14); S.S.I. 2010/314, art. 3 (with transitional provisions and savings in S.S.I. 2010/316, arts. 4, 5)

F12 Disposal of applicationS

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Textual Amendments

F1Ss. 1-3 repealed (30.9.2010) by Home Owner and Debtor Protection (Scotland) Act 2010 (asp 6), ss. 8(4)(a), 17(3) (with s. 14); S.S.I. 2010/314, art. 3 (with transitional provisions and savings in S.S.I. 2010/316, arts. 4, 5)

F13 Registration of order under section 2S

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Textual Amendments

F1Ss. 1-3 repealed (30.9.2010) by Home Owner and Debtor Protection (Scotland) Act 2010 (asp 6), ss. 8(4)(a), 17(3) (with s. 14); S.S.I. 2010/314, art. 3 (with transitional provisions and savings in S.S.I. 2010/316, arts. 4, 5)

4 Notices to debtors, proprietors and occupiersS

(1)After section 19 of the 1970 Act there is inserted—

19A Notice to occupier of calling-up

(1)Where a creditor in a standard security over an interest in land used to any extent for residential purposes serves a calling-up notice, he shall serve a notice in conformity with Form BB (notice to occupier) of Schedule 6 to this Act together with a copy of the calling-up notice.

(2)Notices under subsection (1) above shall be sent by recorded delivery letter addressed to “The Occupier” at the security subjects.

(3)If a creditor fails to comply with subsections (1) and (2) above, the calling-up notice shall be of no effect.

(2)In section 21 (notice of default) of that Act, after subsection (2) there is inserted—

(2A)Section 19A of this Act applies where the creditor serves a notice of default as it applies where he serves a calling-up notice.

(3)In section 24 (application by creditor to court for remedies on default) of that Act, after subsection (2) there is inserted—

(3)Where the creditor applies to the court under subsection (1) above, he shall, if the standard security is over an interest in land used to any extent for residential purposes—

(a)serve on the debtor and (where the proprietor is not the debtor) on the proprietor a notice in conformity with Form E of Schedule 6 to this Act, and

(b)serve on the occupier of the security subjects a notice in conformity with Form F of that Schedule.

(4)Notices under subsection (3) above shall be sent by recorded delivery letter addressed—

(a)in the case of a notice under subsection (3)(a), to the debtor or, as the case may be, the proprietor at his last known address,

(b)in the case of a notice under subsection (3)(b), to “The Occupier” at the security subjects.

F2(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F2(5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F2(5A). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(6)The schedule to this Act, Part 1 of which amends Schedule 6 to the 1970 Act (forms to be used in relation to calling-up and default) and Part 2 of which sets out the Forms referred to in subsection (4), has effect.

(7)The Scottish Ministers may, by order made by statutory instrument, amend—

(a)the Notes inserted in Forms A and B in Schedule 6 to the 1970 Act by Part 1 of the schedule to this Act,

(b)Forms BB, E and F in Schedule 6 to the 1970 Act,

(c)the Forms set out in Part 2 of the schedule to this Act.

(8)A statutory instrument containing an order under subsection (7) is subject to annulment in pursuance of a resolution of the Scottish Parliament.

Textual Amendments

F2S. 4(4)-(5A) repealed (30.9.2010) by Home Owner and Debtor Protection (Scotland) Act 2010 (asp 6), ss. 8(4)(b), 17(3) (with s. 14); S.S.I. 2010/314, art. 3 (with transitional provisions and savings in S.S.I. 2010/316, arts. 4, 5)

5 Crown applicationS

This Act binds the Crown.

6 InterpretationS

Except so far as the context otherwise requires, expressions used in this Act and in Part II of the 1970 Act have the same meanings in this Act as they have in that Part.

7 Commencement and short titleS

(1)The preceding provisions of this Act come into force on such day as the Scottish Ministers may by order made by statutory instrument appoint.

(2)An order under subsection (1) may include such transitional and transitory provisions and savings as the Scottish Ministers think expedient.

(3)This Act may be cited as the Mortgage Rights (Scotland) Act 2001.

Subordinate Legislation Made

P1S. 7(1)(2) power fully exercised: 3.12.2001 appointed by S.I. 2001/418, art. 2 (with transitional provisions in art. 3)

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