123“Connected” and “associated” persons.E+W+S
(1)Sections 249 and 435 of the M1Insolvency Act 1986 (connected and associated persons) shall apply for the purposes of the provisions of this Act listed in subsection (3) as they apply for the purposes of that Act.
(2)Section [F1229 of the Bankruptcy (Scotland) Act 2016 (meaning of “associate”)] shall apply for the purposes of the provisions so listed as it applies for the purposes of that Act.
(3)The provisions referred to in subsections (1) and (2) are—
(a)section 23(3)(b),
(b)sections 27 and 28,
(c)section 40,
but in the case of section 40 the provisions mentioned in subsections (1) and (2) shall apply for those purposes with any prescribed modifications.
Textual Amendments
F1Words in s. 123(2) substituted (30.11.2016) by The Bankruptcy (Scotland) Act 2016 (Consequential Provisions and Modifications) Order 2016 (S.I. 2016/1034), art. 1, Sch. 1 para. 13(5)
Commencement Information
I1S. 123(1)(2) in force at 6.4.1997 in so far as not already in force by S.I. 1997/664, art. 2(3), Sch. Pt. 3
I2S. 123(3) in force at 6.4.1996 by S.I. 1996/778, art. 2(4), Sch. Pt. IV
Marginal Citations