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Debt Arrangement and Attachment (Scotland) Act 2002

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This is the original version (as it was originally enacted).

18Redemption

This section has no associated Explanatory Notes

(1)Subject to any order made under section 20(1)(b) below, the debtor is entitled, within 14 days of the date on which an article is attached, to redeem that article.

(2)The amount for which such an article may be redeemed is the value fixed under subsection (2) or (3) of section 15 above.

(3)The officer shall, on receiving payment from the debtor for the redemption of an attached article, grant a receipt in the form prescribed by Act of Sederunt to the debtor.

(4)The attachment of the article is, on the grant of such a receipt, to cease to have effect.

(5)Where an article is redeemed after the officer has made a report under section 17(1) above in respect of the attachment, the officer shall report the redemption as soon as is reasonably practicable to the sheriff.

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