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The Insolvency (Scotland) Amendment Order 2006
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Statutory Instruments
2006 No. 735 (S. 7)
INSOLVENCY, SCOTLAND
COMPANIES
The Insolvency (Scotland) Amendment Order 2006
Made
13th March 2006
Laid before Parliament
14th March 2006
Coming into force
6th April 2006
The Secretary of State makes the following Order in exercise of the powers conferred by section 277(1) of the Enterprise Act 2002(1):
Citation, commencement and interpretation
1.—(1) This Order may be cited as the Insolvency (Scotland) Amendment Order 2006 and shall come into force on 6th April 2006.
(2) In this Order “the 1986 Rules” means the Insolvency (Scotland) Rules 1986(2).
Amendments to Forms
2. For page 2 of Forms 4.4 (Scot) and Form 5 (Scot) set out in Schedule 5 to the 1986 Rules substitute the page set out in the Schedule to this Order.
Gerry Sutcliffe
Parliamentary Under Secretary of State for Employment Relations and Consumer Affairs
Department of Trade and Industry
13th March 2006
Article 2
SCHEDULE
Explanatory Note
(This note is not part of the Order)
This Order makes changes to the Insolvency (Scotland) Rules 1986 (S.I. 1986/1915). Page 2 of Forms 4.4 and 5 is substituted with a revised statement of affairs to reflect how the prescribed part should be applied to unsecured creditors and floating charge holders.
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