Amendment of savings – residence requirements for sequestration and trust deeds

3.—(1) The Bankruptcy and Diligence etc. (Scotland) Act 2007 (Commencement No. 3, Savings and Transitionals) Order 2008(1) is amended as follows.

(2) In article 5 (sequestration petitions presented before 1st April 2008)—

(a)in paragraph (1), after “Order” insert “, except for section 7 of the Act,”; and

(b)in paragraph (2), after “The 1985 Act” insert “, except for sections 2(3)(a) and 24(2)(d)”.

(3) At the end of article 6 (trust deeds granted before 1st April 2008) insert—

“(3) This article does not save any residence requirement to be repealed by section 7 or 20 of the Act.”.