Valid from 01/09/2022

Part 3 S Public service reform

Valid from 01/10/2022

Diligence S

Valid from 01/11/2022

22 Bank arrestments: protected minimum balance S

(1) The Debtors (Scotland) Act 1987 is modified by subsection (2).

(2) In section 73F (protection of minimum balance in certain bank accounts)—

(a) in subsection (3), for “mentioned in subsection (4) below” substitute “of £1,000”,

(b) subsection (4) is repealed,

(c) in subsection (6)—

(i) the “and” at the end of paragraph (a)(ii) is repealed,

(ii) after paragraph (a), insert—

“(aa) vary the protected minimum sum mentioned in subsection (3)(a), and”.

(3) The modifications made by subsection (2) have no effect in relation to an arrestment executed before 1 November 2022.

Commencement Information

I1 S. 22 in force at 1.11.2022, see s. 59(1)