- 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This is the original version (as it was originally made).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.
1. These Regulations may be cited as the Bankruptcy and Debt Arrangement Scheme (Miscellaneous Amendment) (Scotland) Regulations 2023 and come into force on 6 February 2023.
2. In section 2(2)(b)(i) of the Bankruptcy (Scotland) Act 2016 (sequestration of estate of living debtor) for “£1,500 or such other” substitute “such”.
3.—(1) The Debt Arrangement Scheme (Scotland) Regulations 2011(1) are amended as follows.
(2) In regulation 37 (grounds for variation)—
(a)in paragraph (1)(h)(2)—
(i)omit “specified in paragraph (3)”,
(ii)after “more” insert “, and it is envisaged the disposable income will be reduced for the period of deferment”, and
(b)omit paragraph (3).
(3) In Form 4(3) of schedule 1 (application for variation of a debt payment programme) for section 3h (grounds for variation) substitute section 3h set out in the schedule of these Regulations.
4.—(1) The Bankruptcy Fees (Scotland) Regulations 2018(4) are amended as follows.
(2) After regulation 7A(5) (exemption from fees for debtors in receipt of certain benefits), insert—
7B. Despite item 22 in Part 2 of the table of fees, no fee is payable to AiB under that item for the determination of a debtor application in relation to a debtor who, at the date of making the application, is assessed by the common financial tool(6) as having no surplus income.”.
(3) In Part 2 of the schedule (fees for other functions of the Accountant in Bankruptcy)—
(a)in column 2 of item 1(b) for “£300” substitute “£750”,
(b)in column 3 of item 1(b) for “£200” substitute “£300”,
(c)for item 22 substitute—
“22. For considering determination of a debtor application in relation to a debtor to whom section 2(2) of the Act does not apply | £150”. |
(4) Paragraphs (2) and (3) have no effect in relation to sequestrations as regards which the petition was presented or the debtor application was made before 6 February 2023.
TOM ARTHUR
Authorised to sign by the Scottish Ministers
St Andrew’s House
Edinburgh
17th January 2023
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.
Policy 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 2012 onwards. Prior to this date these type of notes existed as ‘Executive Notes’ and accompanied Scottish Statutory Instruments from July 2005 until July 2012.
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: