Land Registration etc. (Scotland) Act 2012 · Part 7 Keeper's warranty

79 Claims under warranty: quantification of compensation

s. 79 · in force: yes

Captured statutory text (L5)

79 Claims under warranty: quantification of compensation

(1)Compensation payable by virtue of section 77(1)—

(a)is, in so far as it is not compensation mentioned in paragraph (b), to be quantified as at the date on which the inaccuracy giving rise to the claim is rectified, and

(b)is to include—

(i)reimbursement of reasonable extra-judicial legal expenses, and

(ii)compensation for any other consequential loss.

(2)Interest on a sum so payable runs from the date mentioned in subsection (3) until the sum in question is paid.

(3)The date is—

(a)where the sum is payable other than by virtue of subsection (1)(b), the date mentioned in subsection (1)(a),

(b)where the sum is payable by virtue of subsection (1)(b)(i), the date on which the claimant paid the sum in question, and

(c)where the sum is payable by virtue of subsection (1)(b)(ii), the date on which the loss was sustained.

(4)The Scottish Ministers may by regulations make provision as to the rate of interest payable by virtue of subsection (2).

Full captured verbatim text

(1) Compensation payable by virtue of section 77(1)—

(a) is, in so far as it is not compensation mentioned in paragraph (b), to be quantified as at the date on which the inaccuracy giving rise to the claim is rectified, and

(b) is to include—

(i) reimbursement of reasonable extra-judicial legal expenses, and

(ii) compensation for any other consequential loss.

(2) Interest on a sum so payable runs from the date mentioned in subsection (3) until the sum in question is paid.

(3) The date is—

(a) where the sum is payable other than by virtue of subsection (1)(b), the date mentioned in subsection (1)(a),

(b) where the sum is payable by virtue of subsection (1)(b)(i), the date on which the claimant paid the sum in question, and

(c) where the sum is payable by virtue of subsection (1)(b)(ii), the date on which the loss was sustained.

(4) The Scottish Ministers may by regulations make provision as to the rate of interest payable by virtue of subsection (2).

What this provision means

Model summary, checked against the text on the left.

Relevance to Signicat: 1/3 · detailed summary (L4) Status: not needed for a short provision · Stored artifact; current recipe verification unavailable

Statutory rules govern quantification of warranty compensation, recoverable expenses, interest accrual dates, and ministerial interest regulations.

Only the one-line summary above is stored for this provision; the text itself is the evidence.

Refers to

cross-reference internal_cite · s. 77

Referred to by

cross-reference internal_cite · s. 116

Part summaries

0 of 0 parts have a verified summary.

L1 unavailable for current verification: the overall summary needs every part verified. Provisions and the verified summaries remain readable.

Verification findings (297)

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Instrument tier unavailable

Change history as published

Sch. 5 para. 15 repealed (1.8.2014) by Co-operative and Community Benefit Societies Act 2014 (c. 14), s. 154, Sch. 7 (with Sch. 5)

Sch. 5 para. 32 omitted (1.10.2013) by virtue of The Property Misdescriptions Act 1991 (Repeal) Order 2013 (S.I. 2013/1575), art. 1, Sch. para. 16

Pending effects amendments not yet applied to this text

Sch. 3 para. 27(a) word substituted by The Land Registration etc. (Scotland) Act 2012 (Amendment and Transitional) Order 2014 art. 2(2) · Effective date unknown · Sch. 3 para. 27

s. 42(1) word repealed by Land Reform (Scotland) Act 2025 s. 3(9)(a)(i) · Effective date unknown · s. 42

s. 42(1)(c)(d) inserted by Land Reform (Scotland) Act 2025 s. 3(9)(a)(ii) · Effective date unknown · s. 42

s. 42(2) words inserted by Land Reform (Scotland) Act 2025 s. 3(9)(b) · Effective date unknown · s. 42

s. 48A 48B and cross-heading inserted by Land Reform (Scotland) Act 2016 s. 43(2) · Effective date unknown

Show all 9

s. 116(3)(ba)(bb) inserted by Land Reform (Scotland) Act 2016 s. 43(3) · Effective date unknown · s. 116

s. 121(1) words inserted by Land Reform (Scotland) Act 2016 s. 43(4)(a) · Effective date unknown · s. 121

s. 121(3) words substituted by Land Reform (Scotland) Act 2016 s. 43(4)(b)(i) · Effective date unknown · s. 121

sch. 5 para. 8 repealed by Trusts and Succession (Scotland) Act 2024 Sch. 2 · Effective date unknown · Sch. 5 para. 8

Provenance

Every claim the system makes about this text is traceable to these identifiers.

Instrument: uk:asp/2012/5
Part: Part 7 Keeper's warranty
Version: 7f3340363cea2bf3616500f4…
Content hash: sha256 e768707f4b20f0a5642363a2…
Source: legislation.gov.uk/asp/2012/5