The Insolvency (Scotland) Amendment Order 2006

Made13th March 2006

Laid before Parliament14th March 2006

Coming into force6th April 2006

The Secretary of State makes the following Order in exercise of the powers conferred by section 277(1) of the Enterprise Act 20021:

Citation, commencement and interpretation1

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 19862.

Amendments to Forms2

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 SutcliffeParliamentary Under Secretary of State for Employment Relations and Consumer AffairsDepartment of Trade and Industry13th March 2006

SCHEDULE

Article 2

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(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.