Article 31 Housing (Scotland) Act 2010
(1)
Section 80 of the Housing (Scotland) Act 2010 (proposals: formulation)f1 is amended as follows.
(2)
In subsection (5)—
(a)
after paragraph (a) insert—
“(aa)secondary preferential debts being paid before ordinary preferential debts,”;
(b)
in paragraph (b), after “proportions of” insert “ordinary”;
(c)
at the end of paragraph (b), insert—
“or
(c)preferential creditors being paid different proportions of secondary preferential debts (except where affected preferential creditors agree to be paid a smaller proportion).”;
(d)
after ““preferential debt”” insert “, ordinary preferential debt, secondary preferential debt”.
Annotations
Footnotes
- f1