- Abolition of Feudal Tenure etc. (Scotland) Act 2000
The Abolition of Feudal Tenure etc. (Scotland) Act 2000 was an act of the Scottish Parliament which was passed by the Parliament on
3 May 2000and received Royal Assent on 9 June 2000.
The Act brought the
feudal system of land tenureto an end on 28 November(that is, Martinmas 2004, as the Act provided for the 'appointed day' to be one of the Scottish term daysWhitsun or Martinmas). At this point, the former vassalof an estate became the sole owner of the land, and the former superior's rights were extinguished. For a further two years, the superior had the option of claiming compensation, which was fixed at a single payment of such a size that when invested at an annual rate of 2.5%, would yield interest equal to the former feu duty. Because of inflationeroding the value of duties fixed many years before, this payment was in most cases extremely small compared to the current value of the land.
* [http://www.opsi.gov.uk/legislation/scotland/acts2000/20000005.htm Abolition of Feudal Tenure etc. (Scotland) Act 2000 (asp 5)]
* [http://www.scotland.gov.uk/Topics/Justice/Civil/17975/Abolition Abolition of Feudal Tenure etc (Scotland) Act 2000]
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