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Chamber and committees

Official Report: search what was said in Parliament

The Official Report is a written record of public meetings of the Parliament and committees.  

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Dates of parliamentary sessions
  1. Session 1: 12 May 1999 to 31 March 2003
  2. Session 2: 7 May 2003 to 2 April 2007
  3. Session 3: 9 May 2007 to 22 March 2011
  4. Session 4: 11 May 2011 to 23 March 2016
  5. Session 5: 12 May 2016 to 4 May 2021
  6. Current session: 13 May 2021 to 22 September 2025
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Displaying 2261 contributions

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Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 25 October 2022

Stuart McMillan

You have had dialogue and consultations with a range of organisations and individuals. Have you been able to get a clearer picture of the likely demand for registering assignations and statutory pledges in the registers?

Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 25 October 2022

Stuart McMillan

The committee has heard from the money advice sector that searches of the registers should be free. Is that feasible within the current budget, or could there be a two-tier system so that money advice experts could have free access while others might pay?

Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 25 October 2022

Stuart McMillan

Am I right in assuming that there would be no issues regarding data protection or the general data protection regulation in respect of the two separate organisations if the information was input once and then transferred to the other register?

Delegated Powers and Law Reform Committee

Instruments subject to Negative Procedure

Meeting date: 25 October 2022

Stuart McMillan

Is the committee content with the instruments?

Members indicated agreement.

Delegated Powers and Law Reform Committee

Document subject to Negative Procedure

Meeting date: 25 October 2022

Stuart McMillan

Under agenda item 6, we are considering a document that has been laid before the Parliament for approval, on which no points have been raised.

Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 25 October 2022

Stuart McMillan

I move to questions for Mirka Skrzypczak. From a lenders’ perspective, how does the current law in Scotland impact on your lending options?

Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 25 October 2022

Stuart McMillan

I mean more in Scotland than there are currently. We have been told that some transactions have taken place under English law because it has been easier to deal with.

Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 25 October 2022

Stuart McMillan

As a result of the bill and the proposals, do you foresee business transactions taking place in Scotland that would have—as we have heard in evidence—taken place under English law, as some transactions have?

Delegated Powers and Law Reform Committee

Decision on Taking Business in Private

Meeting date: 25 October 2022

Stuart McMillan

Welcome to the 26th meeting in 2022 of the Delegated Powers and Law Reform Committee. I remind everyone present to switch mobile phones to silent. We have received apologies from Oliver Mundell.

The first item of business is to make a decision on whether to take items 7, 8 and 9 in private. Is the committee content to do so?

Members indicated agreement.

Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 25 October 2022

Stuart McMillan

Under agenda item 2, we will continue to take evidence on the Moveable Transactions (Scotland) Bill from two panels. The first panel is online. I welcome Colin Borland, who is director for the devolved nations at the Federation of Small Businesses, and Mirka Skrzypczak, who is the head of working capital and trade products at NatWest. I remind both attendees not to worry about making us aware of when you want to speak, because we will bring you in automatically.

I will start with a question for the FSB. Something that has come up in evidence so far is cash flow, which can certainly be an issue for all businesses, and especially for small businesses. Can you provide a bit more background information on that, Mr Borland? I think that it is fair to say that, since 2008, the financial and trading conditions for the small business sector in particular have been extremely difficult in Scotland and across the United Kingdom. We are also currently in a situation that is clearly financially challenging.