Part 1Bankruptcy

Miscellaneous and general

25Debt limits in sequestrations

In section 5 of the 1985 Act (sequestration of the estate of living or deceased debtor)—

(a)

in subsection (2B)(a), for “£1,500” substitute “ £3,000 or such sum as may be prescribed ”; and

(b)

in subsection (4), for “£1,500”, in both places where it occurs, substitute “ £3,000 ”.