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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 25 March 2026
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Displaying 548 contributions

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Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 4 October 2022

Oliver Mundell

Thank you. I have a new line of questioning, convener.

Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 4 October 2022

Oliver Mundell

Yes—it relates to section 13(1).

Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 4 October 2022

Oliver Mundell

Is it important, however, for people to know to whom, ultimately, they owe money, or is that just how business is done and it does not matter?

Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 4 October 2022

Oliver Mundell

Right, so you think that there are situations in which it is not important or not relevant?

Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 4 October 2022

Oliver Mundell

I do not want to interrupt you, but that already happens with pawnbroking; it is just that people have to give the asset away and they are not able to use it. Do you think that that is better?

Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 27 September 2022

Oliver Mundell

Following on from that, I guess that, if someone is in possession of something, the risk is lower. At the lower end of the market, there is potentially an advantage, where people have credit issues and other things, to the individual or small business being able to hand the item over, in terms of the cost—

Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 27 September 2022

Oliver Mundell

I will come back to that question later. I am just interested in how the register might work in practice, particularly at the lower end. You said that the approach could be cheaper and more efficient and that finance could be accessed immediately, but how do you envisage that it would work in practice? The process of registering a house or other legal documents in Scotland could end up being quite clunky and costly.

Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 27 September 2022

Oliver Mundell

Could the bill state that ordinary household goods or essential household goods are excluded from the bill’s provisions? Is there a negative aspect to doing that?

Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 27 September 2022

Oliver Mundell

Let me push you a little, as you are the experts who came up with the proposed changes that you say are needed. At what level should they kick in? Without a figure or type of property in mind, it is difficult to get one’s head round the issue. This has come up in relation to consumers: is the figure designed to cover household goods?

Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 27 September 2022

Oliver Mundell

A house is generally of higher value, which balances out the risk.