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The Insolvency (Scotland) Amendment Order 2006

S.I. 2006/735 · Made 13 March 2006

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

INSOLVENCY, SCOTLAND

COMPANIES

Made 13th March 2006

Laid before Parliament 14th March 2006

Coming into force 6th April 2006

The Secretary of State makes the following Order in exercise of the powers conferred by section 277(1) of the Enterprise Act 2002f1:

Annotations to the whole text

Footnotes

f1

2002 c. 40.

Contents

  1. 1Citation, commencement and interpretation
  2. 2Amendments to Forms
  3. Signature
  4. Schedule Schedule
  5. Explanatory note

1Citation, commencement and interpretation

(1)

This Order may be cited as the Insolvency (Scotland) Amendment Order 2006 and shall come into force on 6th April 2006.

(2)

In this Order “the 1986 Rules” means the Insolvency (Scotland) Rules 1986f1.

2Amendments to Forms

For page 2 of Forms 4.4 (Scot) and Form 5 (Scot) set out in Schedule 5 to the 1986 Rules substitute the page set out in the Schedule to this Order.

Signature

Gerry Sutcliffe

Parliamentary Under Secretary of State for Employment Relations and Consumer Affairs

Department of Trade and Industry

13th March 2006

Explanatory note

(This note is not part of the Order)

This Order makes changes to the Insolvency (Scotland) Rules 1986 (S.I. 1986/1915). Page 2 of Forms 4.4 and 5 is substituted with a revised statement of affairs to reflect how the prescribed part should be applied to unsecured creditors and floating charge holders.