The Public Services Reform (Insolvency) (Scotland) Order 2016

Receivership S

Removal of restriction on appointment of receiver to property in Scotland S

2.  In section 51 of the Act (power to appoint receiver) repeal subsection (2ZA)(1).

Commencement Information

I1 Art. 2 in force at 1.4.2016, see art. 1(2)

Receiver as agent of company - treatment of liabilities relating to contracts of employment S

3.  In section 57 of the Act (agency and liability of receiver for contracts) repeal subsection (2D)(2).

Commencement Information

I2 Art. 3 in force at 1.4.2016, see art. 1(2)

Verification of company’s statement of affairs S

4.  In section 66(2) of the Act (company’s statement of affairs) for “be verified by affidavit” substitute “contain a statutory declaration”.

Commencement Information

I3 Art. 4 in force at 1.4.2016 for specified purposes, see art. 1(3)

I4 Art. 4 in force at 6.4.2019 in so far as not already in force, see art. 1(4)

(1)

Section 51(2ZA) was inserted by article 2(b) of S.S.I. 2011/140.

(2)

Section 57(2D) was inserted by section 3(4) of the Insolvency Act 1994 (c.7).