Date lodged: 21 March 2019
To ask the Scottish Government what its response is to the Scottish Law Commission paper, Report on Moveable Transactions; what plans it has to launch a consultation based on the findings, and what assessment it has made of the impact that restrictions in the law regarding these transactions have had on businesses.
Answered by: Ash Denham 28 March 2019
Officials have also meet with the Commission’s advisory group set up for this project and have heard at first hand the issues arising with working under the current law.
As part of their work on this project, the Scottish Law Commission completed a Business Regulatory Impact Assessment in which they set out the impact that restrictions in the law regarding these transactions have had on businesses: https://www.scotlawcom.gov.uk/files/7415/1359/9231/Business_and_Regulatory_Impact_Assessment_-_Report_on_Moveable_Transactions_Report_No_249.pdf .
As indicated to the Scottish Law Commission, the Scottish Government is continuing to consider whether and when there would be a suitable opportunity to take forward the recommendations contained in the Commission’s report on Moveable Transactions. The Government currently faces the challenge of developing and delivering its legislative programmes for the rest of this session within the context of significant pressures and uncertainty created by Brexit.