# The Moveable Transactions (Scotland) Act 2023 (Financial Collateral Arrangements and Financial Instruments) (Consequential Provisions and Modifications) Order 2025, Article 19: Appropriation of financial instrument with prior agreement


(1) This article applies where—
(a) a provider and a secured creditor have entered into an agreement under section 74(1) of the Act (appropriation with prior agreement), and
(b) any or all of the property to which the agreement relates is a financial instrument.
(2) Section 74(7)(d) and (8) of the Act does not apply in relation to the financial instrument.

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Source: https://www.legislation.gov.uk/uksi/2025/275/article/19 (the official version)
Page: https://openlegislation.uk/moveable-transactions-scotland-act-2023-financial-collateral-arrangements-and-financial-instruments-consequential-provisions-and-modifications-order-2025/article-19
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.