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Conveyancing and Feudal Reform (Scotland) Act 1970

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Changes over time for: Section 33

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Version Superseded: 28/11/2004

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Point in time view as at 01/02/1991. This version of this provision has been superseded. Help about Status

Changes to legislation:

Conveyancing and Feudal Reform (Scotland) Act 1970, Section 33 is up to date with all changes known to be in force on or before 10 November 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

33 Form of notice calling-up heritable security.S

(1)For the avoidance of doubt, it is hereby declared that for the purposes of section 33 of the Act of 1924 (notice of calling-up security) a creditor in possession of the land disponed in security may adapt the form of notice contained in Form No. 1 of Schedule M to the said Act by stating that the principal sum and interest thereon specified in that notice is subject to adjustment in amount as calculated in a statement of relevant intromissions.

(2)The person on whom notice as aforesaid is served may request the creditor to furnish to him a statement as aforesaid, in a case to which the foregoing subsection applies, within a period of one month from the date of service of the notice calling-up the security, and a failure by the creditor to comply with that request shall cause the notice of calling up to be of no effect.

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