Bills and Laws

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)

Read the rest of the Bill's overview

The Bill was passed on 04 May 2023 and became an Act on 13 June 2023

About the Bill

Introduced

Read the Bill and information which explains what it does, why it was introduced, and how much it will cost.

Stage 1 - General principles

Committees examine the Bill and gather views. They produce reports before MSPs debate the Bill in the Chamber. MSPs then decide on the purpose (“general principles”) of the Bill.

Stage 2 - Changes to detail

MSPs can propose changes (“amendments”) to the Bill. The amendments are considered and decided on by a committee.

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.

Bill becomes an Act

If the Bill is passed, it can receive Royal Assent and become an Act.

Committees involved in this bill

Delegated Powers and Law Reform Committee

Learn more about what this committee's work on this bill

Finance and Public Administration Committee

Find out more about this committee