| Guvnor

Status: In Force
Penalty ceiling: Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Trader7

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Trader — also bound by 825 other Acts

Value Added Tax Regulations 1995 416 duties

Companies Act 2006 243 duties

The Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 133 duties

Companies Act 1985 85 duties

Insolvency (England and Wales) Rules 2016 62 duties

What it requires

Sections creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

sch. 3 Maintenance and repair. Regulated

Maintain secured property and repay costs if creditor steps inTrader

s.019 Notice to occupier of calling-up Regulated

Serve notice to occupier when calling up residential standard securityTrader

s.019 Notice to local authority of calling-up Regulated

Notify local authority when serving a calling-up notice on residential propertyTrader

s.024 Application by creditor to court for remedies on default. Regulated

Creditor must follow court process and pre-action requirements for residential property repossessionTrader

s.024 Section 24(1B) proceedings: pre-action requirements Regulated

Follow pre-action steps before applying to court to enforce a standard securityTrader

s.025 Exercise of power of sale. Regulated

Advertise sale and achieve best price when selling repossessed propertyTrader

s.027 Application of proceeds of sale. Regulated

Apply sale proceeds in statutory order of priorityTrader

129 other provisions — procedural and definitional

s.001 Variation and discharge of land obligations.

s.002 Provisions supplementary to section 1.

s.003 Allocation of feuduties.

s.004 Applications to Lands Tribunal regarding allocation of feuduties.

s.005 Provisions supplementary to sections 3 and 4.

s.006 Allocation of ground annuals.

s.007 Provisions for contracting out of sections 1 to 6 void.

s.009 The standard security.

s.010 Import of forms of, and certain clauses in, standard security.

s.011 Effect of registered or recorded standard security, and incorporation of standard conditions.

s.012 Standard security may be granted by person uninfeft.

s.013 Ranking of standard securities.

s.014 Assignation of standard security.

s.015 Restriction of standard security.

s.016 Variation of standard security.

s.017 Discharge of standard security.

s.018 Redemption of standard security.

s.019 Calling-up of standard security.

s.020 Exercise of rights of creditor on default of debtor in complying with a calling-up notice.

s.021 Notice of default.

s.022 Objections to notice of default.

s.023 Rights and duties of parties after service of notice of default to which objection is not taken, or where the notice is not set aside.

s.023 Voluntary surrender of residential property following calling-up notice or notice of default

s.024 Section 24(1B) applications: application to court by entitled residents

s.024 Entitled residents: definition

s.024 Section 24(1B) proceedings: recall of decree

s.024 Lay representation in section 24(1B) proceedings etc.

s.026 Disposition by creditor on sale.

s.028 Foreclosure.

s.029 Procedure.

s.030 Interpretation of Part II.

s.031 Saving.

s.032 Application of enactments.

s.033 Form of notice calling-up heritable security.

s.034 Amendment of s. 34 of Act of 1924.

s.035 Power of creditor in bond and disposition in security to sell to include power to sell by private bargain.

s.036 Alteration of periods during which sale of land held in security is to be advertised.

s.037 Amendment of s. 40 of Act of Act of 1924.

s.038 Amendment of s. 41 of Act of 1924.

s.039 Amendment of s. 8 of Act of 1894.

s.040 Discharge of heritable security constituted by

s.041 Restriction on effect of reduction of certain discharges of securities.

s.042 Extension of s. 13 to certain existing forms of heritable securities.

s.043 Interpretation of Part III.

s.044 Alteration of rules as to probative deeds.

s.045 Status of sasine extracts.

s.046 Effect of conditions as to pre-emption.

s.047 Abolition of requirement to specify granter’s title in certain deeds.

s.048 Abolition of forms of assignation of unrecorded conveyances, etc., and of completion of title by recording of such assignations.

s.049 Abolition of heritor’s right of pre-emption of glebe.

s.050 Amendment of Lands Tribunal Act 1949.

s.051 Application to Crown.

s.052 Saving, amendment and repeal.

s.053 Interpretation.

s.054 Short title, commencement and extent.

s.para.100 I, A.B. (designation), agree that the foregoing standard security granted...

s.para.101 Testing clause+

s.para.102 I, A.B. (designation), in consideration of £ (where the security...

s.para.103 Testing clause+

s.para.104 [To be endorsed on the standard security]

s.para.105 As above save that instead of the words “a standard...

s.para.106 Note 1.—Where the grantor of an assignation, discharge or deed...

s.para.107 Where the grantor of an assignation, discharge or deed of...

s.para.108 Note 2.—In an assignation, discharge or deed of restriction, (1)...

s.para.109 Note 3.—If the original title to a standard security has...

s.para.110 Note 4.—If part of the security subjects has already been...

s.para.111 Note 5.—The variation docket Form E of this Schedule shall...

s.para.112 Note 6.—Where the grantor of a variation docket does not...

s.para.113 +Note 7— In the case of a traditional document, subscription...

s.para.114 To A.B. (address)

s.para.115 TAKE NOTICE that on .................. (state date of repayment) C.D....

s.para.116 (To be signed by the debtor, or proprietor, or by...

s.para.117 In the case of a standard security for a non-monetary...

s.para.118 I, A.B., above named, hereby acknowledge receipt of the Notice...

s.para.119 (To be signed by the creditor, or by his agent,...

s.para.120 Notice of Redemption, of which the foregoing is a copy,...

s.para.121 (To be signed by the debtor, or proprietor, or by...

s.para.122 I, A.B. (designation) (solicitor) certify that consignation of the whole...

s.para.123 STANDARD SECURITY for £ (or a maximum of £; in...

s.para.124 AMOUNT CONSIGNED £, being £ of principal, £ of interest...

s.para.125 BANK IN WHICH CONSIGNED (specify bank or branch of bank...

s.para.126 Testing clause+

s.para.127 +Note— In the case of a traditional document, subscription of...

s.para.128 I, A.B. (designation) (solicitor) certify that a decree of declarator...

s.para.129 STANDARD SECURITY by C.D. in favour of E.F. registered in...

s.para.130 DECREE OF DECLARATOR by the Sheriff of .................. at .....................

s.para.131 Testing clause+

s.para.132 +Note— In the case of a traditional document, subscription of...

s.para.133 To the Occupier ( address )

s.para.134 A Notice of Calling-up of a standard security/ Default under...

s.para.135 If you are a tenant of A.B., in certain circumstances...

s.para.136 If you are the spouse or partner of A.B., the...

s.para.137 ( delete as appropriate )

s.para.138 If you wish to make such an application, you should...

s.para.139 Dated

s.para.140 ( Signature of C.D., or signature and designation of C.D.’s...

s.para.141 I, A.B., above named, hereby acknowledge receipt of the foregoing...

s.para.142 Dated this .................. day of ........................

s.para.143 (To be signed by the person on whom notice is...

s.para.144 Notice of (Calling-up) (Default), of which the foregoing is a...

s.para.145 (To be signed by the creditor, or by his agent,...

s.para.146 To the Occupier ( address )

s.para.147 C.D. ( designation ) has applied to the court under...

s.para.148 If you are a tenant of A.B. ( or, if...

s.para.149 If you are the spouse or partner of A.B., the...

s.para.150 Dated

s.para.151 ( Signature of C.D., or signature and designation of C.D.’s...

s.para.186 Note 1.—The discharge may be separate or endorsed on the...

s.para.187 Note 2.—Where the grantor of the discharge is not the...

s.para.188 Note 3.—Where the grantor of the discharge is not the...

s.para.189 +Note 4— In the case of a traditional document, subscription...

s.para.69 Note 1 .—The security subjects shall be described sufficiently to...

s.para.70 Note 2.—Where the grantor has not a recorded title to...

s.para.71 Note 3.—Where the grantor of a standard security to be...

s.para.72 Note 4.—Where it is desired to vary any of the...

s.para.73 (As regards future variations, see section 16 of, and Form...

s.para.74 Note 5.—Where the security subjects are burdened by any other...

s.para.75 Note 6.—Where a standard security is granted in Form A...

s.para.76 Note 7.—In the case of a standard security for a...

s.para.77 +Note 8— In the case of a traditional document, subscription...

s.para.91 I, A.B. (designation), in consideration of £ hereby assign to...

s.para.92 With interest from ........................ Testing clause+

s.para.93 [To be endorsed on the standard security]

s.para.94 As above save that instead of the words “a standard...

s.para.95 I, A.B. (designation), in consideration of (specify consideration, if any)...

s.para.96 Testing clause+

s.para.97 I, A.B. (designation) in consideration of £ paid by C.D....

s.para.98 Testing clause+

s.para.99 [To be endorsed on the standard security]

Schedules

0 of 57 shown

57 other schedules

s.sch001 An obligation to pay feuduty, ground annual, rent, skat, dry...

s.sch001 An obligation, however constituted, relating to the right to work...

s.sch001 An obligation imposed by or on behalf of the Crown...

s.sch001 An obligation created or imposed— (i) for naval, military or...

s.sch001 An obligation created or imposed in or in relation to...

s.sch003 Maintenance and repair.

s.sch003 Rights of creditor on default.

s.sch003 Exercise of right of redemption.

s.sch003 The debtor shall be personally liable to the creditor for...

s.sch003 Completion of buildings etc. and prohibition of alterations etc.

s.sch003 Observance of conditions in title, payment of duties, charges, etc., and general compliance with requirements of law relating to security subjects.

s.sch003 Planning notices, etc.

s.sch003 Insurance.

s.sch003 Restriction on letting.

s.sch003 General power of creditor to perform obligations etc. on failure of debtor and power to charge debtor.

s.sch003 Calling-up.

s.sch003 Default.

s.sch007 A certificate which is lodged in court by the creditor...

s.sch007 A certificate shall state— (i) the name and address of...

s.sch007 The certificate shall be signed by the creditor or his...

s.sch008 Section 7 (Securities for cash accounts or credits).

s.sch008 Section 122 (Creditors selling to count and reckon for the...

s.sch008 Section 123 (Disburdening of lands on sale and after consignation...

s.sch008 Section 124 (Prescription of form of transfer of securities).

s.sch008 Section 132 (Renunciation or discharge of heritable security).

s.sch008 Section 133 (Restriction of heritable security).

s.sch008 Section 138 (Use of short clauses of consent to registration)....

s.sch008 Section 48 (Disburdening of lands sold under heritable securities when...

s.sch008 Section 49 (Disburdening of lands where debtor in a heritable...

s.sch008 Section 6 (Power of creditor to lease security subjects for...

s.sch008 Section 7 (Granting of power by sheriff to lease security...

s.sch008 Section 4 (Assignations in security).

s.sch008 Section 8 (Foreclosure).

s.sch008 Section 9 (Completion of title of security holders and preservation...

s.sch008 Section 10 (Purchaser’s title indefeasible).

s.sch008 Section 12 (Procedure).

s.sch008 Section 15 (Jurisdiction of sheriff).

s.sch008 Section 24 (Assimilation of forms for registered leases).

s.sch008 Section 25 (Form of bond and disposition in security).

s.sch008 Sections 28 to 30 (Provisions dealing with the assignation, discharge...

s.sch008 Section 31 (Description of lands and deduction of title unnecessary...

s.sch008 Section 32 (Redemption of bond and disposition in security).

s.sch008 Section 5 (Instrument to be expeded where party presenting assignation...

s.sch008 Sections 33-39 (Provisions relating to calling up bond and disposition...

s.sch008 Section 42 (Mode of disburdening land sold by creditor under...

s.sch008 Section 6 (Translation of assignations in security and creditor’s entry...

s.sch008 Section 13 (Renunciations and discharges to be recorded) so far...

s.sch008 Section 20 (Interpretation of clauses in Schedules).

s.sch008 Sections 118 (Form of bond and disposition in security).

s.sch008 Section 119 (Explanation of clauses in Schedule (FF) No. 1—Form...

s.sch008 Section 121 (Validity of sale to purchaser).

s.sch010 In Schedule (H), in the footnote, for the words “here...

s.sch010 In Schedule J, in Note 2, for the words from...

s.sch010 In Schedule K, in Note 2, for the words from...

s.sch010 In Schedule I, in the note, before the words “the...

s.sch010 In section 10, for the words “Lord President of the...

s.schedule/3/crossheading/interpretation_paragraph/w In this Schedule, where the debtor is not the proprietor...

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.

Conveyancing and Feudal Reform (Scotland) Act 1970

Does it bind you?

Other Acts binding the same actors

What it requires

Schedules