OpenLegislation

Paragraph 3A F1

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

A charging order must provide—

(a)

that the annuity is payable for the term and on the date in each year determined under paragraph 2A(a),

(b)

that in default of payment of an annuity, the annuity is to be separately recoverable as a debt, and

(c)

that if immediately after the final annuity falls due any balance of the expenses charged by the order remains unpaid, that balance is immediately due for repayment and is recoverable as a debt.

Annotations

Textual amendments

F1

Sch. 9 paras. 3A, 3B inserted (1.4.2015) by Housing (Scotland) Act 2014 (asp 14), ss. 92(1)(c), 104(3); S.S.I. 2015/122, art. 2

Notes on Schedule 9

Modifications

C1

Sch. 9 applied (27.8.1993) by 1993 c. 11, ss. 62(2)(a)(ii), 68(2).