Bankruptcy and Diligence etc. (Scotland) Act 2007

25Debt limits in sequestrations

This section has no associated Explanatory Notes

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”.