Revocation and saving
3.—(1) The Act of Sederunt (Sheriff Court Bankruptcy Rules) 1996(1) is revoked.
(2) Notwithstanding sub-paragraph (1), the Act of Sederunt (Sheriff Court Bankruptcy Rules) 1996 shall continue to apply to sequestrations commenced before the coming into force of this Act of Sederunt.
(3) For the purposes of sub-paragraph (2), a sequestration shall be taken to have commenced when a petition has been presented or an application has been made to the Accountant in Bankruptcy under section 5(2)(a) or 6(3)(a), (4)(a) or (6)(a) of the Bankruptcy (Scotland) Act 1985.
(1)
S.I. 1996/2507.