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Coronavirus (Recovery and Reform) (Scotland) Act 2022

Coronavirus (Recovery and Reform) (Scotland) Act 2022

2022 asp 8

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

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Nodiadau Esboniadol

Text created by the Scottish Government to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Acts of the Scottish Parliament except those which result from Budget Bills.

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