# Companies Clauses Consolidation (Scotland) Act 1845, Section 46: Mortgages to be personal estate.


All mortgages and money lent on mortgage to the company shall be personal estate, and transmissible as such, and shall not be of the nature of real estate.

---
Source: https://www.legislation.gov.uk/ukpga/Vict/8-9/17/section/46 (the official version)
Page: https://openlegislation.uk/companies-clauses-consolidation-scotland-act-1845/section-46
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.