Conveyancing and Feudal Reform (Scotland) Act 1970

39Amendment of s. 8 of Act of 1894

(1)Section 8 of the Act of 1894 (provisions for security holders becoming proprietors of security subjects) shall be amended a :s follows—

(a)in the first sentence, the words " or at any lower price " shall be omitted ; and

(b)in the second sentence, after the words " extinguished, and " there shall be inserted the words " as from the date of the said recording ".

and for the words " as from tin date of such decree " there shall be substituted the words " as from that date ".

(2)In Schedule (1)) to the Act of 1894 (form of decree under the said, section 8), for the words " this date " there shall be substituted the words " the date on which an extract of this decree is recorded in the appropriate register ". and after the word " petitioner " there shall be inserted the words " as from the said date, ".