Introduction
The Act
Part 1 – Residential Standard Securities Etc.: Creditor’s Rights on Default
Section 1 - residential standard securities: restriction of creditor’s remedies
Section 2 - court applications by creditor for remedies on default
Section 3 - court powers in action for possession of residential property
Section 4 – pre-action requirements
Section 5 – application to court by entitled residents
Section 6 – recall of decree
Section 7 – representation in repossession proceedings
Section 8 – minor and consequential amendments
Part 2 – Sequestration and Trust Deeds
Section 9 – certificate for sequestration
New section 5B – Certificate for sequestration
Section 10 – trust deeds
Section 11 – power in relation to debtor’s family home
Section 12 – abolition of certain requirements to advertise in Edinburgh Gazette
Section 13 – regulations under the 1985 Act
Part 3 – General
Parliamentary History