# Sheriff Courts (Scotland) Act 1907, Rule 27.6: Forms of bonds of caution and other securities

Extent: S

(1) A bond of caution shall oblige the cautioner, his heirs and executors to make payment of the sums for which he has become cautioner to the party to whom he is bound, as validity and in the same manner as the party and his heirs and successors, for whom he is cautioner, are obliged.
(2) A bond of caution or other security document given by a person shall state whether that person is an “authorised person” within the meaning of section 31 of the Financial Services and Markets Act 2000.

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Source: https://www.legislation.gov.uk/ukpga/Edw7/7/51/schedule/1/part/1/chapter/27/rule/27.6 (the official version)
Page: https://openlegislation.uk/sheriff-courts-scotland-act-1907/schedule-1/part-1/chapter-27/rule-27.6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.