Paragraph 4

In this Schedule—

• “arrangement” means a voluntary agreement entered into by an individual with their creditors;

• “the Bankruptcy Act” means the Bankruptcy (Scotland) Act 2016^f1;

• “core function” includes a strategic, executive or management role carried out in respect of, or on behalf of, a person mentioned in section 7(2) or (3) of the Act;

• “the Insolvency Act” means the Insolvency Act 1986^f2;

• “the Insolvency Order” means the Insolvency (Northern Ireland) Order 1989^f3.

In paragraph 1(a)—

• “adjudicator” has the meaning given by section 385(1) of the Insolvency Act^f4;

• “creditor” has the meaning given by section 383(1) of the Insolvency Act 1986^f5.

In paragraph 1(b)—

• “the Accountant in Bankruptcy” has the meaning given by section 199(1) of the Bankruptcy Act;

• “creditor” has the meaning given by section 383(1) of the Insolvency Act 1986^f6;

• “debtor application” has the meaning given by section 228(1) of the Bankruptcy Act;

• “sequestration” has the meaning given by section 1 of the Bankruptcy Act.

In paragraph 1(c)—

• “bankrupt”, “bankruptcy order”, “bankruptcy petition” have the meanings given in Article 9(1) of the Insolvency Order;

• “court” is defined in rule 0.2 of the Insolvency Rules (Northern Ireland) 1991^f7;

• “creditor” has the meaning given in Article 9(1) of the Insolvency Order.