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Regulation 7 Registration of electronic standard securities for preservation and executionF1F4

(1)

An extract of an electronic standard security that has been created as F2a digital F3registration document may be registered for preservation and execution in the Books of Council and Session.

(2)

An extract registered in accordance with paragraph (1) is to be treated for the purposes of executing any diligence as if—

(a)

the standard security were created by a document to which section 9C(1) of the 1995 Act applies; and

(b)

the extract were that electronic standard security.

Annotations

Textual amendments

F1

Regs. 5-7 inserted (8.12.2014) by The Land Register of Scotland (Automated Registration) etc. Regulations 2014 (S.S.I. 2014/347), regs. 1(1), 9(3)

F2

Words in reg. 7(1) substituted (1.10.2022) by The Registers of Scotland (Digital Registration, etc.) Regulations 2022 (S.S.I. 2022/65), regs. 1(4), 7(2)

F3

Words in reg. 7 substituted (12.3.2018) by The Registers of Scotland (Digital Registration, etc.) Regulations 2018 (S.S.I. 2018/72), regs. 1(1), 8(4)

F4

Word in reg. 7 heading substituted (12.3.2018) by The Registers of Scotland (Digital Registration, etc.) Regulations 2018 (S.S.I. 2018/72), regs. 1(1), 8(5)