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It shall be competent to a trustee on a sequestrated estate, or to liquidators, official or voluntary, appointed for the purpose of winding up a joint stock company, to expede a notarial instrument, setting forth the act and warrant of confirmation in favour of such trustee, or the appointment of such liquidators, official or voluntary, respectively, and specifying the lands belonging to the bankrupt or company to which a title is to be completed, and the title by which such lands are held by the bankrupt or company, in or as nearly as may be in the form of schedule (O.) hereto annexed, and when the lands consist of heritable securities by a notarial instrument in or as nearly as may be the form of schedule (LL.) hereto annexed, and to record such notarial instrument in the appropriate register of sasines; and on such notarial instrument or any similar notarial instrument expede in virtue of any Act of Parliament hereby repealed being so recorded, the trustee or liquidators in whose favour the same shall have been or shall be so recorded shall be held to be in all respects in the same position as if the bankrupt or company, or any previous trustee or liquidator had granted a conveyance of the lands contained in the notarial instrument in favour of such trustee or such liquidators, . . . F1 and as if such conveyance had been recorded or followed by an instrument of sasine, . . . F1 or notarial instrument, in favour of such trustee or of such liquidators, duly expede and recorded in the appropriate register of sasines at the date of recording such notarial instrument.
Textual Amendments
F1Words repealed by Statute Law Revision Act 1893 (c. 14)
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