# The Bankruptcy (Financial Services and Markets Act 2000) (Scotland) Rules 2001, Note: Explanatory note


(This note is not part of the Rules)
These Rules relate to demands made by the Financial Services Authority (under section 372(4)(a) of the Financial Services and Markets Act 2000) to an individual that he establish to the Authority’s satisfaction that he has a reasonable prospect of being able to pay a regulated activity debt when it falls due.
Rule 3 makes provision for the form of a demand. Rule 4 relates to service of a demand. Rules 5 and 6 relate to the setting aside of a demand.

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Source: https://www.legislation.gov.uk/uksi/2001/3591/note (the official version)
Page: https://openlegislation.uk/bankruptcy-financial-services-and-markets-act-2000-scotland-rules-2001/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.