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 3 - Final changes and vote
MSPs can propose further “amendments” (changes) to the Bill. MSPs decide on each of these. Finally, they debate and vote on whether to pass the Bill.
The Bill ended Stage 3 on 04 May 2023
Scottish Parliament research on the Bill
Read additional research done by the Scottish Parliament on specific parts of the Bill.
Briefing on Moveable Transactions (Scotland) Bill prior to stage 3
Debate on the proposed amendments
MSPs can propose further “amendments” (changes) to the Bill. Amendments are “selected” (chosen for debate) by the Presiding Officer. MSPs then debate and decide on the amendments.
Documents with the amendments considered at the meeting held on 4 May 2023.
Marshalled List of Amendments for Stage 3 (230KB, pdf) posted 27 April 2023
Groupings of Amendments for Stage 3 (268KB, pdf) posted 27 April 2023 (268KB, pdf) posted 27 April 2023
Read the minutes of proceedings (160KB, pdf) posted 04 May 2023
Final debate on the Bill
Once MSPs have debated and decided on the amendments, they debate whether to pass the Bill.
Meeting on 4 May 2023
Read the minutes of proceedings (160KB, pdf) posted 04 May 2023
Final vote on the Bill
After the debate, MSPs vote on whether to pass the Bill.
Meeting of 4 May 2023
Final version of the Bill
Moveable Transaction (Scotland) Bill as passed (4MB, pdf) posted 04 May 2023
Moveable Transactions (Scotland) Bill
- Submitted by: Tom Arthur, Renfrewshire South, Scottish National Party.
- Date lodged: Tuesday, 02 May 2023
- Motion reference: S6M-08810
- Current status: Taken in the Chamber on Thursday, 04 May 2023
Result 111 for, 0 against, 0 abstained, 18 did not vote Vote Passed