Abolition of Feudal Tenure etc. (Scotland) Act 2000
- 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 2000 and received Royal Assent on 9 June 2000.
The Act brought the feudal system of land tenure to an end on 28 November (that is, Martinmas 2004, as the Act provided for the 'appointed day' to be one of the Scottish term days Whitsun or Martinmas). At this point, the former vassal of 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 inflation eroding the value of duties fixed many years before, this payment was in most cases extremely small compared to the current value of the land.
External links
* [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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