Explanatory Notes

Coronavirus (Recovery and Reform) (Scotland) Act 2022

2022 asp 8

10 August 2022

The Act: Overview

Part 3: Public Service Reform

Bankruptcy

Diligence

Section 23: Period of moratorium on diligence

88.This section increases the length of the moratorium against diligence created by sections 195 to 198 of the Bankruptcy (Scotland) Act 2016, from a period of 6 weeks to 6 months. Subsection (3) makes a consequential change to the arrangements for those in a moratorium who then enter a protected trust deed, allowing the moratorium to remain in place beyond 6 months for a further 7 weeks, in order to allow sufficient time for the registration of protected status