The Moveable Transactions (Scotland) Act 2023 (Financial Collateral Arrangements and Financial Instruments) (Consequential Provisions and Modifications) Order 2025
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Change 1
6 Competence of individual acting as provider of statutory pledge over financial instrument
(1) It is competent for an individual to act as a provider of a statutory pledge over a financial instrument. (2) Section 46 of the Act (competence of individual acting as provider of a statutory pledge) does not apply to an individual acting as a provider of a statutory pledge over a financial instrument.
6 Competence of individual acting as provider of statutory pledge over financial instrument
(1) It is competent for an individual to act as a provider of a statutory pledge over a financial instrument. (2) Section 46 of the Act (competence of individual acting as provider of a statutory pledge) does not apply to an individual acting as a provider of a statutory pledge over a financial instrument.
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