# The Insolvency (Regulation (EU) 2015/848) (Miscellaneous Amendments) (Scotland) Regulations 2017, Regulation 3: Amendment of Bankruptcy and Diligence etc. (Scotland) Act 2007


(1) Section 45 of the Bankruptcy and Diligence etc. (Scotland) Act 2007 (effect of floating charges on winding up) is amended as follows.
(2) In subsection (7)(a) for “EC Regulation” substitute “EU insolvency Regulation”.
(3) In subsection (8)—
(a) for the definition of “the EC Regulation” substitute—
““the EU insolvency Regulation” is Regulation (EU) 2015/848 of the European Parliament and of the Council on insolvency proceedings;”;
(b) in the definition of “court”, for “article 2(d)” substitute “Article 2(6)”; and
(c) in the definition of “insolvency proceedings”, for “Article 2(a)” substitute “Article 2(4)”.

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Source: https://www.legislation.gov.uk/sdsi/2017/9780111035580/regulation/3 (the official version)
Page: https://openlegislation.uk/draft-insolvency-regulation-eu-2015848-miscellaneous-amendments-scotland-regulations-2017/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.