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

http://www.legislation.gov.uk/asp/2022/8/section/20Coronavirus (Recovery and Reform) (Scotland) Act 2022Statute Law Database2024-05-15Expert Participation2023-11-30Part 3Public service reformBankruptcy
20Bankruptcy: meaning of “qualified creditor” and “qualified creditors”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.

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20
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<p>The Bankruptcy (Scotland) Act 2016 is modified by subsection (2).</p>
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in the definition of “qualified creditor”, for “£3,000” substitute
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in the definition of “qualified creditors”, for “£3,000” substitute
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<p>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.</p>
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