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Abolition of Feudal Tenure etc. (Scotland) Act 2000

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57Extinction by prescription of obligation to pay redemption money for feuduty, ground annual etc

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Notwithstanding the terms of Schedule 1 to the Prescription and Limitation (Scotland) Act 1973 (c. 52) (which defines obligations affected by prescriptive periods of five years), any obligation under section 5 (redemption of feuduty, ground annual etc. on transfer for valuable consideration) or 6 (redemption of feuduty, ground annual etc. on compulsory acquisition) of the Land Tenure Reform (Scotland) Act 1974 (c. 38) to pay redemption money is an obligation to which section 6 of that Act of 1973 (extinction of obligation by prescriptive period of five years) applies; and for the purposes of that application, the reference in subsection (1) of section 6 of that Act of 1973 to the

  • appropriate date” is a reference to the date of redemption within the meaning of—

    (a)

    except in the case mentioned in paragraph (b) below, section 5 (read, as the case may be, with section 6(2)(a)); or

    (b)

    in the case of an obligation arising out of the acquisition of land by means of a general vesting declaration, section 6(4),

    of that Act of 1974.

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