Debtors (Scotland) Act 1987

£6.95
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Debtors (Scotland) Act 1987

Debtors (Scotland) Act 1987

RRP: £13.90
Price: £6.95
£6.95 FREE Shipping

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a) where the sum of money (exclusive of any interest and expenses) decerned for exceeds 10,000 or such amount as may be prescribed in regulations made by the Lord Advocate; a) in the case of a direction under subsection (1)(a) above, before the date when the last instalment of the debt concerned (other than such interest) is payable under the direction; The clerk of court or sheriff clerk shall as soon as is reasonably practicable intimate a variation under subsection (1) above to the debtor and to the creditor, and the variation shall come into effect on the date of such intimation. Amended by

B e it enacted by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:— I EXTENSION OF TIME TO PAY DEBTSiii) value added tax due under the Value Added Tax Act 1983 or any sum recoverable as if it were value added tax. If, on the day on which an instalment payable under a time to pay direction becomes due, there remains unpaid a sum, due under previous instalments, of not less than the aggregate of 2 instalments, the direction shall cease to have effect. A creditor who wishes to recover interest to which subsection (6) above applies shall serve a notice on the debtor, not later than the date prescribed by Act of Sederunt occurring—

The court which granted a decree containing a time to pay direction may, on an application by the debtor or the creditor— Interpretation of Part II.: In this Part of this Act—“dwellinghouse” includes a caravan, a houseboat and any structure adapted for use as a residence;“the poinding schedule” means the schedule provided for in section 20(5) of this Act;“the report of sale” means the report provided for in section 39(1) of this Act;“the sum recoverable” means the total of— b) in the case of a direction under subsection (1)(b) above, before the end of the period specified in the direction,The court may, on making a time to pay direction, recall or restrict an arrestment of the kind described in subsection (2) above. a) by such instalments, commencing at such time after the date of intimation by the creditor to the debtor of an extract of the decree containing the direction, payable at such intervals; or



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