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Coronavirus (Recovery and Reform) (Scotland) Act 2022

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Changes over time for: Section 20

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There are currently no known outstanding effects for the Coronavirus (Recovery and Reform) (Scotland) Act 2022, Section 20. Help about Changes to Legislation

20Bankruptcy: meaning of “qualified creditor” and “qualified creditors”S

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(1)The Bankruptcy (Scotland) Act 2016 is modified by subsection (2).

(2)In section 7(1) (qualified creditor and qualified creditors)—

(a)in the definition of “qualified creditor”, for “£3,000” substitute “£5,000”,

(b)in the definition of “qualified creditors”, for “£3,000” substitute “£5,000”.

(3)The modifications made by subsection (2) have no effect in relation to any sequestration in respect of which the petition was presented before 1 October 2022.

Commencement Information

I1S. 20 in force at 1.10.2022, see s. 59(1)

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