(1)A person is disqualified from being appointed as, or acting as, a JP if—
(a)the person’s estate has been sequestrated in Scotland, or
(b)the person has been adjudged bankrupt outwith Scotland.
(2)Where a person is disqualified under subsection (1)(a), the disqualification ceases if—
(a)the award of sequestration is recalled or reduced, or
(b)the person is discharged by virtue of the Bankruptcy (Scotland) Act 1985 (c. 66).
(3)Where a person is disqualified under subsection (1)(b), the disqualification ceases if—
(a)the adjudication of bankruptcy against the person is annulled, or
(b)the person is discharged.