Bankruptcy and Diligence etc. (Scotland) Act 2007 Explanatory Notes

Section 109 – Method of sale

331.Section 109 provides for the appointed person’s main function – selling the attached land. Subsection (3) requires the appointed person to consult the creditor about the method of sale (private bargain or public auction) which is to be used. Subsection (4) requires the appointed person to advertise the land for sale and ensure the best price is obtained.

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