Explanatory Note
(This note is not part of the Order)
This Order makes modifications to Schedule 5 to the Scotland Act 1998 (c. 46). That Schedule is concerned with matters which are outwith the legislative competence of the Scottish Parliament.
The Order adds a further exception to the insolvency reservation in that Schedule, bringing within the legislative competence of the Scottish Parliament certain matters relating to the insolvency of business associations which are social landlords as defined in the Order, in so far as relating to provision for a moratorium on the disposal of property held by a social landlord and the management and disposal of such property.