# The Moveable Transactions (Scotland) Act 2023 (Financial Collateral Arrangements and Financial Instruments) (Consequential Provisions and Modifications) Order 2025, Article 9: Assignation of unregistered statutory pledge over financial instrument


(1) An unregistered statutory pledge may be assigned by means of an evidenced agreement between the collateral-taker and the assignee.
(2) Section 57(3) of the Act (assignation of statutory pledge) applies to such an agreement as it applies to an assignation document mentioned in section 57(2).

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Source: https://www.legislation.gov.uk/uksi/2025/275/article/9 (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-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.