- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
Scottish Statutory Instruments
Insolvency
Made
17th February 2011
Laid before the Scottish Parliament
22nd February 2011
Coming into force
1st April 2011
The Scottish Ministers make the following Regulations in exercise of the powers conferred by sections 69A, 72(1) and 73(1) of the Bankruptcy (Scotland) Act 1985(1) and all other powers enabling them to do so.
1. These Regulations may be cited as the Bankruptcy Fees (Scotland) Amendment Regulations 2011 and come into force on 1st April 2011.
2. In Part II of the Schedule to the Bankruptcy Fees (Scotland) Regulations 1993(2)—
(a)in item 20 (for lodging any unclaimed dividend in an appropriate bank or institution set aside for payment to a creditor or creditors, in respect of each creditor on consignation)—
(i)in Column 2, for “£13.00” substitute “£26.00”; and
(ii)in Column 3, for “£12.00” substitute “£13.00”;
(b)in item 21 (for uplifting any sum lodged in an appropriate bank or institution, in respect of each creditor on consignation)—
(i)in Column 1, for “sum lodged in an appropriate bank or institution, in respect of each creditor on consignation” substitute—
“unclaimed dividend consigned in an appropriate bank or institution, in respect of each creditor”;
(ii)in Column 2, for “£13.00” substitute “£26.00”; and
(iii)in Column 3, for “£12.00” substitute “£13.00”.
FERGUS EWING
Authorised to sign by the Scottish Ministers
St Andrew’s House,
Edinburgh
17th February 2011
(This note is not part of the Regulations)
These Regulations amend the Bankruptcy Fees (Scotland) Regulations 1993 to prescribe amended fees payable to the Accountant in Bankruptcy in respect of the exercise of certain of the Accountant in Bankruptcy’s functions under the Bankruptcy (Scotland) Act 1985.
In particular, the Regulations increase the fees for consigning unclaimed dividends and for uplifting consigned sums.
1985 c.66. Section 69A was inserted by the Bankruptcy (Scotland) Act 1993 (c.6), section 8, and amended by S.I. 1999/1820, Schedule 2, paragraph 82. Section 73(1) contains a definition of “prescribed” that is relevant to the exercise of the statutory powers under which these Regulations are made. The functions of the Secretary of State were transferred to the Scottish Ministers, insofar as they are within devolved competence, by section 53 of the Scotland Act 1998 (c.46).
S.I. 1993/486. The Schedule to the Regulations was last substituted by S.S.I. 2009/97 and subsequently amended by S.S.I. 2010/76.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Executive Note sets out a brief statement of the purpose of a Scottish Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Scottish Statutory Instrument accessible to readers who are not legally qualified and accompany any Scottish Statutory Instrument or Draft Scottish Statutory Instrument laid before the Scottish Parliament from July 2005 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: