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Act of Sederunt (Interest in Sheriff Court Decrees or Extracts) 1983

As Enacted Cited authorities 4 Cited in Amendments 2 Related
Vincent
JurisdictionUK Non-devolved
CitationSI 1983/409
Year1983

1983 No. 409 (S. 42)

SHERIFF COURT, SCOTLAND

Act of Sederunt (Interest in Sheriff Court Decrees or Extracts) 1983

11thMarch 1983

5thApril 1983

The Lords of Council and Session, under and by virtue of the powers conferred upon them by section 4 of the Administration of Justice (Scotland) Act 1972 (a) and of all other powers competent to them in that behalf, do hereby enact and declare:—

Citation and commencement

1.—(1) This Act of Sederunt may be cited as the Act of Sederunt (Interest in Sheriff Court Decrees or Extracts) 1983 and shall come into operation on 5th April 1983.

(2) This Act of Sederunt shall be inserted in the Books of Sederunt.

Amendment of Sheriff Courts (Scotland) Extracts Act 1892

2. In relation to any decrees pronounced or extracted after the coming into operation of this Act of Sederunt, section 9 of the Sheriff Courts (Scotland) Extracts Act 1892 (b) shall be amended so as to substitute, for the rate of interest specified in that section, the rate of 12 per centum per annum.

Emslie, Lord President, I P D

Edinburgh.

llth March 1983.

(a) 1972 c.59.

(b) 1892 c.17; relevant amending instruments are S.I. 1972/2020 and 1975/948.

EXPLANATORY NOTE

(This Note is not part of the Act of Sederunt.)

This Act of Sederunt amends section 9 of the Sheriff Courts (Scotland) Extracts Act 1892 by increasing the rate of interest in decrees pronounced or extracted after 5th...

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