PART 6Further amendments relating to Parts 2 to 5

Housing (Scotland) Act 201031

1

Section 80 of the Housing (Scotland) Act 2010 (proposals: formulation)49 is amended as follows.

2

In subsection (5)—

a

after paragraph (a) insert—

aa

secondary preferential debts being paid before ordinary preferential debts,

b

in paragraph (b), after “proportions of” insert “ordinary”;

c

at the end of paragraph (b), insert—

or

c

preferential creditors being paid different proportions of secondary preferential debts (except where affected preferential creditors agree to be paid a smaller proportion).

d

after ““preferential debt”” insert “, ordinary preferential debt, secondary preferential debt”.