Bankruptcy and Diligence etc. (Scotland) Act 2007

This section has no associated Explanatory Notes

16(1)Section 18 (interim preservation of estate) is amended as follows.

(2)In subsection (1), after “may” insert “, in pursuance of the function conferred on him by section 2(6A) of this Act,”.

(3)In subsection (2)—

(a)for “functions” substitute “function”; and

(b)for “2(4)(a)” substitute “2(6A)”.

(4)After subsection (2) insert—

(2A)Section 43 of this Act applies to an interim trustee as it applies to a trustee..

(5)In subsection (3)—

(a)for “court” substitute “sheriff”; and

(b)in paragraph (c), for “it” substitute “he”.

(6)In subsection (4)—

(a)for “court”, in both places where it occurs, substitute “sheriff”; and

(b)for “it”, in both places where it occurs, substitute “he”.

(7)The italic cross-heading preceding that section becomes “Initial stages of sequestration”.