CHAPTER 1CITATION, COMMENCEMENT AND INTERPRETATION ETC.

Interpretation1.2.

(1)

In this Act of Sederunt—

“the 2016 Act” means the Bankruptcy (Scotland) Act 2016;

“AiB sequestration” means the sequestration of a debtor’s estate by AiB following a debtor application made under the following provisions of the 2016 Act—

(a)

section 2(1)(a);

(b)

section 5(a);

(c)

section 6(3)(a);

(d)

section 6(4)(a);

(e)

section 6(4)(b); or

(f)

section 6(7)(a);

F1“Council Regulation” means Regulation (EU) 2015/848 of the European Parliament and of the Council of 20th May 2015 on insolvency proceedings, as amended from time to time.

“Model Law on Cross-Border Insolvency” means the Model Law on cross-border insolvency as adopted by the United Nations Commission on International Trade Law on 30th May 1997 as set out in schedule 1 of the Cross-Border Insolvency Regulations 20067;
“Register of Inhibitions” means the register mentioned in section 44(1) of the Conveyancing (Scotland) Act 19248.

(2)

In this Act of Sederunt, the following expressions have the meaning given by section 228(1) of the 2016 Act—

“AiB”;

“debtor application”;

“establishment”;

“main proceedings”;

“member State F2insolvency practitioner”;

“temporary administrator”.