# Companies Act 1948, Section 93: Validity of debentures to bearer in Scotland.


It is hereby declared that, notwithstanding anything contained in the statute of the Scots Parliament of 1696, chapter twenty-five, debentures to bearer issued in Scotland are valid and binding according to their terms.

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Source: https://www.legislation.gov.uk/ukpga/Geo6/11-12/38/section/93 (the official version)
Page: https://openlegislation.uk/companies-act-1948/section-93
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.