The Debtors (Scotland) Act 1987 (Amendment) Regulations 2000

Explanatory Note

(This note is not part of the Regulations)

These Regulations amend the Debtors (Scotland) Act 1987 (“the Act”) so as to–

(a) increase from £10,000 to £25,000 the amount of money prescribed in section 1(5)(a) of the Act, which is the limit to which it is competent for a court to make a time to pay direction (regulation 2);

(b) increase from £10,000 to £25,000 the amount of money prescribed in section 5(4)(a) of the Act, which is the limit to which it is competent for a sheriff to make a time to pay order (regulation 2);

(c) increase from £500 to £1,000 the aggregate values of articles exempt from poinding in terms of section 16(1)(b) and (d) of and paragraph 1(1)(b) and (d) of Schedule 5 to the Act (regulation 3(1));

(d) add to the list of articles in section 16(2) of and paragraph 1(2) of Schedule 5 to the Act that shall be exempt for poinding in terms of those provisions (regulation 3(2)).