{
  "url": "https://openlegislation.uk/moveable-transactions-scotland-act-2023-financial-collateral-arrangements-and-financial-instruments-consequential-provisions-and-modifications-order-2025",
  "json_url": "https://openlegislation.uk/moveable-transactions-scotland-act-2023-financial-collateral-arrangements-and-financial-instruments-consequential-provisions-and-modifications-order-2025.json",
  "id": "uksi/2025/275",
  "title": "The Moveable Transactions (Scotland) Act 2023 (Financial Collateral Arrangements and Financial Instruments) (Consequential Provisions and Modifications) Order 2025",
  "short_title": "Moveable Transactions (Scotland) Act 2023 (Financial Collateral Arrangements and Financial Instruments) (Consequential Provisions and Modifications) 2025",
  "long_title": "This Order makes provision in consequence of the Moveable Transactions (Scotland) Act 2023 (asp 3) (“the Act”) in relation to—the assignation of claims as part of a financial collateral arrangement (pursuant to the Financial Collateral Arrangements (No. 2) Regulations 2003 (S.I. 2003/3226) (“the FCARs”));incorporeal moveable property in the form of financial instruments pursuant to the FCARs being capable of being used as collateral for a loan and therefore subject to a new form of security created under the Act called the statutory pledge.",
  "citation": "S.I. 2025/275",
  "type": "uksi",
  "year": "2025",
  "number": "275",
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  "date": "2025-03-05",
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      "heading": "Application of the Act to assignation as part of financial collateral arrangement",
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      "heading": "Whether court order required for enforcement",
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