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35In section 73(1) (interpretation)—
(a)in the definition of “commissioner”, for “30(1)” substitute “4”,
(b)after the definition of “commissioner”, insert—
““common financial tool” has the meaning given by section 5D(1),”,
(c)after the definition of “creditor” insert—
““DAS register” has the meaning given by section 4A(4)(b),”,
(d)in the definition of “debtor application”, after “5(2)(a)” insert “or (3)(a)”,
(e)after the definition of “debtor application” insert—
““debtor contribution order” has the meaning given by section 32A(1),”
““debtor’s contribution” has the meaning given by section 5D(1),”,
(f)after the definition of “member State liquidator” insert—
““money adviser” has the meaning given by section 5C(2),”,
(g)for the definition of “qualified to act as an insolvency practitioner” (and the proviso to that definition) substitute—
““qualified to act as an insolvency practitioner” is to be construed in accordance with section 390 of the Insolvency Act 1986,”, and
(h)after the definition of “statement of assets and liabilities” insert—
““statement of undertakings” means the statement of debtor undertakings sent to the debtor under section 2(8) or, in the case of a debtor application, given by the debtor when making the application,”.
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Text created by the Scottish Government to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Acts of the Scottish Parliament except those which result from Budget Bills.
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