Bankruptcy (Scotland) Act 2016

(1)The debtor must be—

(a)a living individual who,

(b)a partnership which,

(c)a limited partnership (within the meaning of the Limited Partnerships Act 1907) which,

(d)a trust which,

(e)a corporate body which, or

(f)an unincorporated body which,

grants a trust deed for a single estate.

(2)The debtor must not be—

(a)a debtor whose estate has been sequestrated if the trustee in the sequestration has not been discharged under section 148 or 151, or

(b)an entity referred to in section 6(2).

(3)The total amount of the debtor's debts (including interest) as at the date on which the debtor grants the trust deed must be not less than £5,000.

Commencement Information