Col.20
Responding to a query about creating set timescales for the expiry of statutory pledges,Hamish Goodall, Bill Team leader from the Scottish Government, stated that:
“I do not know whether the timescales are practical, because you could register a statutory pledge and say that it will expire in 25 years, but a person who searched the register would not know whether it had expired—they would not know whether the money had been paid. Therefore, the best...