Moveable Transactions (Scotland) Bill
The Bill aims to change the law in relation to two areas of moveable property:
- Assignation of claims – the transfer of a claim from one person to another
- Pledges – a type of security (usually for a loan)
The Bill was passed on 04 May 2023 and became an Act on 13 June 2023
Contents
Stage 1 - General principles
Committees examine the Bill and gather views. They produce reports before MSPs debate the Bill in the Chamber. MSPs then decide on the purpose (“general principles”) of the Bill.
The Bill ended Stage 1 on 13 December 2022
Committee Examination
The lead committee for this Bill is the Delegated Powers and Law Reform Committee
Timetable
The timetable that the committee followed while examining the Bill at Stage 1
Parliament agreed that consideration of the Moveable Transactions (Scotland) Bill at stage 1 be completed by 16 December 2022.
The lead committee published its stage 1 report on 2 December 2022.
The stage 1 debate will take place on 13 December 2022.
Who spoke to the lead committee in the Parliament
MSPs met with people in committee meetings to discuss what the Bill will do.
Minutes of 21 June 2022 (private)
Minutes of 20 September 2022 (private)
Minutes of 27 September 2022
Minutes of 4 October 2022
Minutes of 25 October 2022
Minutes of 1 November 2022
Minutes of 8 November 2022 (private)
Minutes of 22 November 2022 (private)
Minutes of 29 November 2022 (private)
Video and Official Report of all public meetings
Meeting on 27 September 2022
Correspondence
Committee correspondence sent and received while the Bill progressed through Parliament
Moveable Transactions (Scotland) Bill response from the Scottish Government
Letter from the Minister for Public Finance, Planning and Community Wealth to the Convener, 13 March 2023
Moveable Transactions (Scotland) Bill response from the Scotland Office
Letter from the Parliamentary Under Secretary of State for Scotland to the Convener, 13 March 2023
Moveable Transactions (Scotland) Bill letter to Scottish Government
Letter from the Convener to the Minister for Public Finance, Planning and Community Wealth, 8 March 2023
Work by other committees
Finance and Public Administration Committee
Lead committee reports
The lead committee published a report on 27 October 2022.
Delegated Powers Provisions in the Moveable Transactions (Scotland) Bill at Stage 1
Stage 1 Report
The lead committee published its Stage 1 Report on 2 December 2022
Stage 1 Report on the Moveable Transactions (Scotland) Bill
The committee received the follow response to its Stage 1 Report:
Letter from the Minister for Public Finance, Planning and Community Wealth (149KB, pdf) posted 12 December 2022
Debate
MSPs debate the purpose (“general principles”) of the Bill.
Meeting on 13 December 2022
Minutes of proceedings (94KB, pdf) posted 13 December 2022
Vote
MSPs vote on the general principles of the Bill.
Meeting on 13 December 2022
Moveable Transactions (Scotland) Bill
- Submitted by: Tom Arthur, Renfrewshire South, Scottish National Party.
- Date lodged: Monday, 12 December 2022
- Motion reference: S6M-07210
- Current status: Taken in the Chamber on Tuesday, 13 December 2022