UK Statutory Instrument
2025
United Kingdom
The Moveable Transactions (Scotland) Act 2023 (Financial Collateral Arrangements and Financial Instruments) (Consequential Provisions and Modifications) Order 2025
At a glance
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Browse 22 other sections — procedural / definitional / commencement
Interpretation
Application of the Act to assignation as part of financial collateral arrangement
Transfer of claim assigned as part of financial collateral arrangement
Competence of creating statutory pledge over financial instrument
Competence of individual acting as provider of statutory pledge over financial instrument
Creation of pledge over financial instrument other than by registration
Acquisition of financial instrument encumbered by statutory pledge in the ordinary course of trading
Assignation of unregistered statutory pledge over financial instrument
Amendment of unregistered statutory pledge over financial instrument
Restriction, discharge or extinction of unregistered statutory pledge over financial instrument
Further provision as regards evidenced agreements and evidenced statements
Ranking of statutory pledges over financial instruments
Whether court order required for enforcement
Secured creditor’s right to take possession of certificate of financial instrument
Secured creditor’s right to sell financial instrument
Secured creditor’s right to protect and manage financial instrument
Secured creditor’s right to appropriate financial instrument
Appropriation of financial instrument with prior agreement
Savings in relation to enforcement of statutory pledge over financial instrument
Modification of Part 1 of the Act
Modification of Part 2 of the Act
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