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Section 6 Sect. 118 of recited Act repealed. Bonds and dispositions in security may be granted in the Form No. 1 of Schedule (FF.) No. 1.C1

Section one hundred and eighteen of the recited Act is hereby repealed, and in place thereof it is enacted that the following words shall be deemed and be taken to be the one hundred and eighteenth section in the recited Act, and the recited Act shall be read and construed as if the one hundred and eighteenth section thereof had been originally expressed in the following words; viz:— From and after the commencement of this Act it shall be lawful and competent for any person entitled to grant an heritable by way of bond and disposition in security to grant the same in the form or as nearly as may be in the form No. 1 of Schedule (FF.) hereto annexed; and the registration in the appropriate register of sasines of such bond and disposition in security, or of any bond and disposition in security, granted according to any of the forms competent, or in use prior to the commencement of this Act, shall be as effectual and operative to all intents and purposes as if such bond and disposition in security had contained, in the case of lands not held by burgage tenure an obligation to infeft a me vel de me, procuratory of resignation and precept of sasine, and in the case of lands held by burgage tenure an obligation to infeft more burgi and a procuratory of resignation, all in the words and form in use prior to the thirtieth day of September one thousand eight hundred and forty-seven, and as if sasine or resignation and sasine, as the case may be, had been duly made, accepted, and given thereon in favour of the original creditor, and an instrument of sasine, or of resignation and sasine, as the case may be, in favour of such creditor had been duly recorded in the appropriate register of sasines of the date of the registration of the said bond and disposition in security as aforesaid.

Annotations

Modifications

C1

The text of ss. 2, 3, 6–9 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991.