# Act of Sederunt (Judicial Factors Rules) 1992, Article 9: Procedure in fixing caution


(1) The Accountant shall forthwith, on receiving intimation of an application for the appointment of a factor, fix the caution to be found in the event of appointment being made and shall notify the amount to the sheriff clerk and the applicant.
(2) During the subsistence of a judicial factory, the Accountant may, at any time—
(a) require the factor to increase the amount of or find new or additional caution; or
(b) authorise the factor to decrease the amount of existing caution.

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Source: https://www.legislation.gov.uk/uksi/1992/272/article/9 (the official version)
Page: https://openlegislation.uk/act-of-sederunt-judicial-factors-rules-1992/article-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.