The Trusts and Succession (Scotland) Act 2024 (Commencement No. 1) Regulations 2024 No. 164 (C. 14)


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Statutory Instruments of the Scottish Parliament


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This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

Scottish Statutory Instruments

2024 No. 164 (C. 14)

Trusts

Succession

The Trusts and Succession (Scotland) Act 2024 (Commencement No. 1) Regulations 2024

Made

5th June 2024

Laid before the Scottish Parliament

7th June 2024

Coming into force

26th June 2024

The Scottish Ministers make the following Regulations in exercise of the power conferred by section 88(3) and (4) of the Trusts and Succession (Scotland) Act 2024( 1) and all other powers enabling them to do so.

Citation, commencement and interpretation

1.—(1) These Regulations may be cited as the Trusts and Succession (Scotland) Act 2024 (Commencement No. 1) Regulations 2024 and come into force on 26 June 2024.

(2) In these Regulations, “ the Act” means the Trusts and Succession (Scotland) Act 2024.

Appointed day

2.—(1) 26 June 2024 is the day appointed for the coming into force of the provisions of the Act specified in column 1 of the table in the schedule (the subject matter of which is described in the corresponding entry in column 2 of that table).

(2) Where a purpose is specified in column 3 of the table in the schedule, the corresponding provision in column 1 comes into force in accordance with paragraph (1) only for that purpose.

SIOBHIAN BROWN

Authorised to sign by the Scottish Ministers

St Andrew’s House,

Edinburgh

5th June 2024

Regulation 2

SCHEDULE

Column 1

(provision of the Act)

Column 2

(subject matter)

Column 3

(purpose)

Section 7 Removal of trustee by court For the purpose of section 8 (removal of certain trustees by court: unfitness)
Section 8 Removal of certain trustees by court: unfitness
Section 9(2), (3), (4), (7) and (8)(a) Removal of trustee by co-trustees
Section 13 Decisions: preliminary For the purpose of section 9(2), (3), (4), (7) and (8)(a) (removal of professional trustees by co-trustees)
Section 14 Making of decision For the purpose of section 9(2), (3), (4), (7) and (8)(a)
Section 21(3), (4) and (5) Charitable trusts: sale of property
Section 23(12) and (13) Appointment of nominees
Section 80 Amendment of Confirmation of Executors (Scotland) Act 1858
Section 81 Interpretation
Section 82 Power to amend jurisdiction in relation to trusts
Section 83 Meaning of incapable and related expressions
Section 87 and schedule 2 Repeals For the purpose of repealing section 3(c) of the Trusts (Scotland) Act 1921 insofar as it relates to decisions taken in pursuance of section 9(2), (3), (4), (7) and (8)(a) of the Act

EXPLANATORY NOTE

(This note is not part of the Regulations)

These Regulations bring provisions of the Trusts and Succession (Scotland) Act 2024 (“the Act”) into force on 26 June 2024:

The Bill for the Act received Royal Assent on 30 January 2024. By virtue of section 88(1), that section, together with sections 86 and 89, came into force on 31 January 2024. By virtue of section 88(2), sections 76 and 77 came into force on 30 April 2024.

( 1)

2024 asp 2.


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URL: http://www.bailii.org/scot/legis/num_reg/2024/ssi_2024164_en_1.html