# The Bankruptcy (Scotland) Regulations 2016, Regulation 14: “Minimal Asset Process” debtors to whom section 2(2) of Act applies: total assets


The amount of £2,000 is prescribed for the purposes of paragraph 2(5)(a) of schedule 1 of the Act (total value of debtor’s assets after date of debtor application for AiB duty to consider whether paragraph 1 of that schedule should cease to have effect).

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Source: https://www.legislation.gov.uk/sdsi/2016/9780111033159/regulation/14 (the official version)
Page: https://openlegislation.uk/draft-bankruptcy-scotland-regulations-2016/regulation-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.