The Debtors (Scotland) Act 1987 (Amendment) Regulations 2000
Citation and commencement and interpretation1.
(1)
These Regulations may be cited as the Debtors (Scotland) Act 1987 (Amendment) Regulations 2000 and shall come into force on 10th July 2000.
(2)
In these Regulations, “the Act” means the Debtors (Scotland) Act 1987.
Time to pay directions and orders2.
For the purposes of sections 1(5)(a) (competence of time to pay direction) and 5(4)(a) (competence of time to pay order) of the Act, the amount prescribed is “£25,000”.
Articles exempt from poinding3.
(1)
For the purposes of paragraphs (b) and (d) of section 16(1) (articles exempt from poinding) of, and paragraphs (b) and (d) of paragraph 1(1) of Schedule 5 (articles exempt from poinding in pursuance of summary warrant) to, the Act, the amount prescribed is “£1,000”.
(2)
“(r)
computers and accessory equipment;
(s)
microwave ovens;
(t)
radios;
(u)
telephones;
(v)
televisions.”.
St Andrew’s House,
Edinburgh
These Regulations amend the Debtors (Scotland) Act 1987 (“the Act”) so as to–
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);
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);
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));
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)).