Section 7 Supplemental provisions.
(1)
Agricultural charges shall, in relation to one another, have priority in accordance with the times at which they are respectively registered under this Part of this Act.
(2)
An instrument creating an agricultural charge shall be exempt from stamp duty.
(3)
The Court of Session may make rules prescribing the nature of the documents with which the bank may require to be furnished for identifying the property of the society, on which the agricultural charge rests, and establishing the title of the society thereto.
Notes on Part II
Modifications
- C1
Part II applied by Agricultural Marketing Act 1958 (c. 47), s. 15(6)