The first step in this process is for the Delegated Powers and Law Reform Committee to gather views on the Bill before beginning its scrutiny.
A judicial factor is an individual appointed by the Court to manage property for people who, for whatever reason, are unable or unwilling to do so.
Circumstances where a judicial factor may be appointed include:
- where a sole law practitioner has died and the firm needs oversight,
- to oversee the estate of a deceased or missing person, or
- where it is not “possible, practicable or sensible” for a person responsible for an estate to carry out their duties.
The Delegated Powers and Law Reform Committee Convener, Stuart MacMillan MSP said:
“Judicial factors play an important role in the Scottish legal system, but the legislation covering this role dates back as far as the 17th century. It has been well over 100 years since the most recent Act.
“These updates to the law could lead to a more efficient system which can focus on getting the best outcomes for all parties involved.
“This new Bill has to work for the people of Scotland, so I would encourage anyone with a view to submit it to us. Whether you interact with judicial factors professionally or personally, your experiences can help us to make this new Bill as good as it can be.”
Views can be submitted on the Judicial Factors (Scotland) Bill until 15 March 2024.