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Bankruptcy and Diligence etc. (Scotland) Act 2007, Section 5 is up to date with all changes known to be in force on or before 08 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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After section 71A of the 1985 Act, insert—
(1)The Scottish Ministers may make an order under this section in relation to a disqualification provision.
(2)A “disqualification provision” is a provision made by or under any enactment which disqualifies (whether permanently or temporarily and whether absolutely or conditionally) a relevant debtor or a class of relevant debtors from—
(a)being elected or appointed to an office or position;
(b)holding an office or position; or
(c)becoming or remaining a member of a body or group.
(3)In subsection (2) above, the reference to a provision which disqualifies a person conditionally includes a reference to a provision which enables him to be dismissed.
(4)An order under subsection (1) above may repeal or revoke the disqualification provision.
(5)An order under subsection (1) above may amend, or modify the effect of, the disqualification provision—
(a)so as to reduce the class of relevant debtors to whom the disqualification provision applies;
(b)so as to extend the disqualification provision to some or all individuals who are subject to a bankruptcy restrictions order;
(c)so that the disqualification provision applies only to some or all individuals who are subject to a bankruptcy restrictions order;
(d)so as to make the application of the disqualification provision wholly or partly subject to the discretion of a specified person, body or group.
(6)An order by virtue of subsection (5)(d) above may provide for a discretion to be subject to—
(a)the approval of a specified person or body;
(b)appeal to a specified person, body, court or tribunal.
(7)The Scottish Ministers may be specified for the purposes of subsection (5)(d) or (6)(a) or (b) above.
(8)In this section—
“bankruptcy restrictions order” includes—
a bankruptcy restrictions undertaking;
a bankruptcy restrictions order made under paragraph 1 of Schedule 4A to the Insolvency Act 1986 (c. 45); and
a bankruptcy restrictions undertaking entered into under paragraph 7 of that Schedule;
“relevant debtor” means a debtor—
whose estate has been sequestrated;
who has granted (or on whose behalf there has been granted) a trust deed;
who has been adjudged bankrupt by a court in England and Wales or in Northern Ireland; or
who, in England and Wales or in Northern Ireland, has made an agreement with his creditors for a composition in satisfaction of his debts or a scheme of arrangement of his affairs or for some other kind of settlement or arrangement.
(9)An order under this section—
(a)may make provision generally or for a specified purpose only;
(b)may make different provision for different purposes; and
(c)may make transitional, consequential or incidental provision.
(10)An order under this section—
(a)shall be made by statutory instrument; and
(b)shall not be made unless a draft has been laid before and approved by a resolution of the Scottish Parliament.”.
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