Bankruptcy (Scotland) Act 2016

[F1171CEffect of removal of protected statusS

A trust deed ceasing to have protected status by virtue of a decision under section 171A is not to—

(a)invalidate any acts of the trustee between the date the trust deed was registered and the date a decision under section 171A takes effect,

(b)prevent the trust deed from re-attaining protected status provided the conditions in sections 164-170, so far as applicable, are met, or

(c)prevent the debtor from—

(i)making a debtor application under section 2 or, as the case may be, 6,

(ii)applying for a moratorium under section 195 or, as the case may be, 196,

(iii)applying for a debt payment programme within the meaning of section 2 of the 2002 Act.]

Textual Amendments