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Act of Sederunt (Interest in Sheriff Court Decrees and Extracts) 1993

S.I. 1993/769 · Made 11 March 1993

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

SHERIFF COURT, SCOTLAND

Made 11th March 1993

Coming into force 1st April 1993

The Lords of Council and Session, under and by virtue of the powers conferred on them by section 4 of the Administration of Justice (Scotland) Act 1972f1 and of all other powers enabling them in that behalf, do hereby enact and declare:

Annotations to the whole text

Footnotes

f1

1972 c. 59.

Contents

  1. 1Citation and commencement
  2. 2Amendment of Sheriff Courts (Scotland) Extracts Act 1892
  3. Signature
  4. Explanatory note

1Citation and commencement

(1)

This Act of Sederunt may be cited as the Act of Sederunt (Interest in Sheriff Court Decrees and Extracts) 1993 and shall come into force on 1st April 1993.

(2)

This Act of Sederunt shall be inserted in the Books of Sederunt.

2Amendment of Sheriff Courts (Scotland) Extracts Act 1892

In relation to any decrees pronounced after the coming into force of this Act of Sederunt, section 9 of the Sheriff Courts (Scotland) Extracts Act 1892f1 shall be amended so as to substitute, for the rate of interest specified in that section, the rate of eight per centum per annum.

Signature

J.A.D. Hope

Lord President, I.P.D.

Edinburgh,

11th March 1993

Explanatory note

(This note is not part of the Act of Sederunt)

This Act of Sederunt amends section 9 of the Sheriff Courts (Scotland) Extracts Act 1892 by reducing the rate of interest in decrees pronounced after 1st April 1993 from fifteen per cent to eight per cent.