The Bill aims to consolidate and update the law in relation to judicial factors.
The Bill is at Stage 1
A judicial factor is a person appointed by the court to manage property. A judicial factor can be appointed in cases where property is not being managed properly.
The Bill clarifies the role of the judicial factor. This includes—
The Bill also makes clear the role of the Accountant of Court in overseeing the work of the judicial factor.
This includes—
The Scottish Courts and Tribunals Service employ the Accountant of Court.
Read more about what this Bill does in the Explanatory Notes (267KB, pdf) posted 05 December 2023
The Bill aims to modernise the law, making the role of the judicial factor clearer.
Judicial factors have been in use since at least the 17th century in Scotland. The main existing legislation on judicial factors is from 1849 to 1889. There have been no new laws specifically in this area since then.
This led to some doubt on how the law should operate and what powers judicial factors have.
Read more about why this Bill has been created in the Policy Memorandum (296KB, pdf) posted 05 December 2023