1. Introductory Text

  2. 1.Citation and commencement

  3. 2.Interpretation

  4. Forms

    1. 3.Forms

  5. Register of Insolvencies

    1. 4.Register of Insolvencies

  6. Sequestration Process

    1. 5.Debtor applications

    2. 6.Sequestration where debtor has few assets (“Minimal Asset Process”): prescribed payments

    3. 7.Debt advice and information package

    4. 8.Application of the 1985 Act to limited partnerships

    5. 9.Apparent Insolvency/Creditor Debt Threshold

    6. 10.Claims in foreign currency

    7. 11.Conversion of foreign currency claims

    8. 12.Trustee resignation application

    9. 13.Abandonment of heritable property by trustee

    10. 14.Debtor contribution orders

    11. 15.Notice by trustee of proceedings to obtain authority in relation to debtor’s family home

    12. 16.Debtor’s requirement to give account of state of affairs

    13. 17.Financial education

    14. 18.Interest on claims in sequestration

    15. 19.Certificate of deferral

    16. 20.Premium of bond of caution

    17. 21.Preference for remuneration of employees, etc.

    18. Moratorium on diligence

      1. 22.Moratorium on diligence: notice of intention to apply

    19. Revocations and sequestration before 1st April 2015

      1. 23.Revocations

      2. 24.Sequestration before 1st April 2015

  7. Signature

    1. SCHEDULE 1

      FORMS

      1. LIST OF FORMS TO BE USED

    2. SCHEDULE 2

      REGISTER OF INSOLVENCIES

  8. Explanatory Note