Debtors (Scotland) Act 1987

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The clerk of court or sheriff clerk shall as soon as is reasonably practicable intimate a variation under subsection (1) above to the debtor and to the creditor, and the variation shall come into effect on the date of such intimation. Amended by Property affected by inhibition on dependence: Where the court grants warrant for diligence by inhibition on the dependence— a) by such instalments, commencing at such time after the date of intimation by the creditor to the debtor of an extract of the decree containing the direction, payable at such intervals; or iii) value added tax due under the Value Added Tax Act 1983 or any sum recoverable as if it were value added tax. a) where the sum of money (exclusive of any interest and expenses) decerned for exceeds 10,000 or such amount as may be prescribed in regulations made by the Lord Advocate;

The court which granted a decree containing a time to pay direction may, on an application by the debtor or the creditor—Disposal of proceeds of sale.: The officer of court appointed under section 31(2)(a) of this Act shall dispose of the proceeds of the warrant sale— Interpretation of Part II.: In this Part of this Act—“dwellinghouse” includes a caravan, a houseboat and any structure adapted for use as a residence;“the poinding schedule” means the schedule provided for in section 20(5) of this Act;“the report of sale” means the report provided for in section 39(1) of this Act;“the sum recoverable” means the total of— the debt in so far as it remains outstanding and interest thereon, whether or not awarded as a specific sum in the decree, shall, subject to any enactment or rule of law to the contrary, become enforceable by any diligence mentioned in subsection (1)(b) above. Section cited in: one Law or Regulation Amended by b) in the case of a direction under subsection (1)(b) above, before the end of the period specified in the direction,

If any sum payable under a time to pay direction under section 1(1)(b) of this Act remains unpaid 24 hours after the end of the period specified in the direction, the direction shall cease to have effect. a) in the case of a direction under subsection (1)(a) above, before the date when the last instalment of the debt concerned (other than such interest) is payable under the direction; If, on the day on which an instalment payable under a time to pay direction becomes due, there remains unpaid a sum, due under previous instalments, of not less than the aggregate of 2 instalments, the direction shall cease to have effect. b) if an arrestment in respect of the debt concerned is in effect, recall or restrict the arrestment. Any sum paid by a debtor under a time to pay direction shall not be ascribed to interest claimed in pursuance of subsections (6) and (7) above until the debt concerned (other than such interest) has been discharged. Section cited in: 5 cases, 11 Laws or Regulations Amended by

Changes over time for: Section 73J

B e it enacted by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:— I EXTENSION OF TIME TO PAY DEBTS If at the end of the period of 3 weeks immediately following the day on which the last instalment payable under a time to pay direction becomes due, any part of the debt concerned remains outstanding, the direction shall cease to have effect. b) where the decree contains an award of a capital sum on divorce or on the granting of a declarator of nullity of marriage;