October 2014

Legal Writings (Counterparts and Delivery) (Scotland) Bill

On 30 September the Society gave oral evidence to the Scottish Parliament’s Delegated Powers and Law Reform Committee.  The Society is supportive of the Bill, which will modernise the law relating to legal documents, speeding up transactions and allowing traditional documents to be delivered by electronic means.  It will enable a more efficient process for execution where parties are based in different locations.  We believe that enabling execution in counterpart will bring Scots Law into line with many of the other international jurisdictions, including England and New York, both of which are often considered to be two of the world’s key legal centres, and will precipitate an increase in the use of Scots Law to govern transactions.

The Society’s full response to the bill can be found on our website