DiligenceS
22Bank arrestments: protected minimum balanceS
(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(b)subsection (4) is repealed,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(i)the “and” at the end of paragraph (a)(ii) is repealed,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.
23Period of moratorium on diligenceS
(1)Section 198 of the Bankruptcy (Scotland) Act 2016 (period of moratorium) is modified as follows.
(2)In each of the following, for “6 weeks” substitute “6 months”—
(a)subsection (1)(b)(i),
(b)subsection (3),
(c)subsection (5),
(d)subsection (7).
(3)In subsection (6)(b), for “13 weeks after the day on which the moratorium began under subsection (1)(a)” substitute “7 weeks after the day on which the moratorium would have ended but for this subsection”.
24Power to amend period of moratorium on diligenceS
(1)The Bankruptcy (Scotland) Act 2016 is modified as follows.
(2)In section 198 (period of moratorium), after subsection (8), insert—
“(9)The Scottish Ministers may by regulations modify this section so as to vary any of the periods specified in subsections (1)(b)(i), (3), (5), (6)(b) or (7).”.
(3)In section 225 (regulations: general), in subsection (4)(a), after “194(1)” insert “, 198(9)”.