Part 4Land attachment and residual attachment

Chapter 2Attachment of land

General and miscellaneous

127Statement on impact of land attachment

1

The Scottish Ministers must, within 15 months of the commencement of this Chapter, prepare, publish and lay before the Scottish Parliament a statement setting out the impact of land attachment on debt recovery and homelessness.

2

The statement must specify—

a

the number of land attachments registered;

b

the number of warrants for sale—

i

granted;

ii

refused; or

iii

suspended,

under section 97;

c

the number of persons made homeless as a consequence of this Chapter;

d

the mean and median sums recovered by land attachment; and

e

the effect which land attachment appears to have had on debtors' abilities to meet ongoing financial obligations and repay other debts.

3

In this section, “homeless” has the meaning given in section 24 of the Housing (Scotland) Act 1987 (c. 26).