Scottish Statutory Instruments

2017 No. 209

Regulatory Reform

Insolvency

Companies

Bankruptcy

The Public Services Reform (Corporate Insolvency and Bankruptcy) (Scotland) Order 2017

Made

15th June 2017

Coming into force

in accordance with article 1(2)

1st August 2017

in accordance with article 1(3)(a)

1st October 2017

otherwise in accordance with article 1(3)(b)

The Scottish Ministers make the following Order in exercise of the powers conferred by section 17(1) and (9) of the Public Services Reform (Scotland) Act 2010(1) and all other powers enabling them to do so.

The Scottish Ministers consider that the conditions in section 18(2) of that Act are satisfied.

The Scottish Ministers have consulted in accordance with section 26 of that Act.

The Scottish Ministers have laid a draft of this Order and an explanatory document before the Scottish Parliament in accordance with section 25(2)(b) of that Act.

In accordance with section 25(2)(c) of that Act, a draft of this Order has been approved by resolution of the Scottish Parliament(2).

(1)

2010 asp 8. The effect of sections 14 to 30 and schedule 5 and 6 of the Act has been extended by virtue of section 134(4) and S.S.I. 2015/234.

(2)

Section 25(2)(c) has been modified by paragraph 5 of schedule 3 of the Interpretation and Legislative Reform (Scotland) Act 2010 (asp 10).