EXPLANATORY NOTE
(This note is not part of the Order)
This Order makes a minor clarification to a savings provision in relation to the commencement of the Bankruptcy and Debt Advice (Scotland) Act 2014 (“the 2014 Act”) from 1st April 2015, by which most amendments in the 2014 Act do not apply to bankruptcies where the petition to court or debtor application to the Accountant in Bankruptcy (“AIB”) for sequestration is presented or received before 1st April 2015. The amendment makes the drafting of article 4(1)(b) of that Order consistent with article 4(1)(a) to avoid any doubt that a different effect was intended.
The 2014 Act received Royal Assent on 29th April 2014. Sections 54, 55, 57 and 58 came into force on the day after Royal Assent.