Contents
Article 1Citation and commencement#
(1)This Order may be cited as the Bankruptcy and Diligence etc. (Scotland) Act 2007 (Commencement No. 9 and Savings Amendment) Order 2014.
(2)It comes into force on 4th October 2014.
Article 2Appointed day – debt limit for debtor applications for sequestration#
1st April 2015 is the day appointed for the coming into force of the following provisions in section 25 of the Bankruptcy and Diligence etc. (Scotland) Act 2007 (debt limits for sequestration)—
(a)paragraph (a) for all remaining purposes; and
(b)paragraph (b) insofar as it applies to debtor applications.
Article 3Amendment of savings – residence requirements for sequestration and trust deeds#
(1)The Bankruptcy and Diligence etc. (Scotland) Act 2007 (Commencement No. 3, Savings and Transitionals) Order 2008 is amended as follows.
(2)In article 5 (sequestration petitions presented before 1st April 2008)—
(a)in paragraph (1), after “Order” insert “, except for section 7 of the Act,”; and
(b)in paragraph (2), after “The 1985 Act” insert “, except for sections 2(3)(a) and 24(2)(d)”.
(3)At the end of article 6 (trust deeds granted before 1st April 2008) insert—“3 This article does not save any residence requirement to be repealed by section 7 or 20 of the Act.”
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