PART 6 U.K.Further amendments relating to Parts 2 to 5

Housing (Scotland) Act 2010 U.K.

31.—(1) Section 80 of the Housing (Scotland) Act 2010 (proposals: formulation)(1) is amended as follows.

(2) In subsection (5)—

(a) after paragraph (a) insert—

“(aa) secondary preferential debts being paid before ordinary preferential debts,”;

(b) in paragraph (b), after “proportions of” insert “ordinary”;

(c) at the end of paragraph (b), insert—

“or

(c) preferential creditors being paid different proportions of secondary preferential debts (except where affected preferential creditors agree to be paid a smaller proportion).”;

(d) after ““preferential debt”” insert “, ordinary preferential debt, secondary preferential debt”.

Commencement Information

I1 Art. 31 in force at 1.1.2015, see art. 1(2)

(1)

2010 asp 17.