Amendment of the Form of Charge for Payment2.
(1)
The Act of Sederunt (Form of charge for payment) 19883 is amended in accordance with this paragraph.
(2)
In the schedule, in the Form of Charge for Payment of Money4, for “You are also liable to be sequestrated (declared bankrupt).”, substitute “If you have total debts amounting to £3,000 or more, you are also liable to be sequestrated (declared bankrupt).”.