Regulation 2 Amendment of the Bankruptcy (Scotland) Act 2016
(1)
Section 2 (sequestration of estate of living debtor) of the 2016 Act is amended as follows.
(2)
In subsection (2)(b)(ii), for “£25,000” substitute “£50,000”.
(3)
In subsection (2)(c), for “£2,000” substitute “£5,000”.
(4)
In subsection (2)(d), for “£1,000” substitute “£3,000”.
(5)
In subsection (2)(g), for “10” substitute “6”.
(6)
In subsection (3)(b), for “£3,000” substitute “£7,000”.