(1) The following provisions form part of the law of Scotland only.
(2) Notwithstanding the provisions of any enactment, a company need not have a company seal.
(3) For the purposes of any enactment—
(a) providing for a document to be executed by a company by affixing its common seal, or
(b) referring (in whatever terms) to a document so executed,
a document signed or subscribed [(or, in the case of an electronic document, authenticated)] by or on behalf of the company in accordance with the provisions of the Requirements of Writing (Scotland) Act 1995 (c 7) has effect as if
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This Practice Note considers the different categories of contractual damages that may be available for financial loss (pecuniary loss), ie expectation-based damages, reliance-based damages and gains-based damages.For guidance on contractual damages generally, see Practice Note: Contractual
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