Legal Writings (Counterparts and Delivery) (Scotland) Act 2015 ·

2 Nomination of person to take delivery of counterparts

s. 2 · in force: yes

Captured statutory text (L5)

2 Nomination of person to take delivery of counterparts

(1)Parties to a document executed in counterpart may nominate a person to take delivery of one or more of the counterparts.

(2)Subsection (1) does not prevent one of the parties, or an agent of one or more of the parties, being so nominated.

(3)A person so nominated must, after taking delivery of a counterpart by virtue of subsection (1), hold and preserve it for the benefit of the parties.

(4)Subsection (3) does not apply in so far as the parties may agree, or be taken to have agreed, otherwise (whether before or after the document has effect).

(5)A document's having effect is not dependent on compliance with subsection (3) or (4).

Full captured verbatim text

(1) Parties to a document executed in counterpart may nominate a person to take delivery of one or more of the counterparts.

(2) Subsection (1) does not prevent one of the parties, or an agent of one or more of the parties, being so nominated.

(3) A person so nominated must, after taking delivery of a counterpart by virtue of subsection (1), hold and preserve it for the benefit of the parties.

(4) Subsection (3) does not apply in so far as the parties may agree, or be taken to have agreed, otherwise (whether before or after the document has effect).

(5) A document's having effect is not dependent on compliance with subsection (3) or (4).

What this provision means

Model summary, checked against the text on the left.

Relevance to Signicat: 2/3 · detailed summary (L4) Status: not needed for a short provision · Stored artifact; current recipe verification unavailable

Parties may nominate a person to receive counterparts, who must preserve them unless otherwise agreed.

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Refers to

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Referred to by

cross-reference internal_cite · s. 1

cross-reference internal_cite · s. 3

cross-reference internal_cite · s. 4

Part summaries

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Verification findings (9)

synthesis coverage: missing/unverified L2 main

synthesis coverage: missing evaluation uk:asp/2015/4#section-1

synthesis coverage: missing evaluation uk:asp/2015/4#section-2

synthesis coverage: missing evaluation uk:asp/2015/4#section-3

synthesis coverage: missing evaluation uk:asp/2015/4#section-4

synthesis coverage: missing evaluation uk:asp/2015/4#section-5

synthesis coverage: missing evaluation uk:asp/2015/4#section-6

synthesis coverage: missing evaluation uk:asp/2015/4#section-7

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Provenance

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Instrument: uk:asp/2015/4
Part
Version: ed8cbf9ae0e388b9f04bf33b…
Content hash: sha256 1c13f7090e93d73a2f3fadc5…
Source: legislation.gov.uk/asp/2015/4