Taking security in Scotland

This practice note explains the main differences in security law between English and Scottish law and looks at the different types of security, the registration requirements and conflicts of law between the two jurisdictions.

Please note that all references to English law in this note are to the laws of England and Wales, and references to England include references to Wales.

This note is currently under review in anticipation of the revised regime for the registration of security under Part 25 of the Companies Act 2006, effective as of 6 April 2013. For more information, see Practice note, Registration of charges created by companies and limited liability partnerships on or after 6 April 2013.

Stephen Phillips, Dundas & Wilson CS LLP

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