(This note is not part of the Act of Sederunt)
This Act of Sederunt makes provision about the procedure to be followed in petitions for sequestration, and in certain applications and appeals to the sheriff relating to sequestrations. The rules set out in the Act of Sederunt apply when the sequestration concerned is one to which the Bankruptcy (Scotland) Act 2016 applies, that is sequestrations in which the petition is presented, or the debtor application is made, on or after 30th November 2016.
Schedule 2 to the Act of Sederunt also prescribes certain forms for use in the Register of Inhibitions in relation to sequestrations and trust deeds.