SCHEDULES

SCHEDULE 7

Part I Consequential Amendments

The Prescription and Limitation (Scotland) Act 1973 (c.52)

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In section 9(1), for paragraph (b) there shall be substituted the following paragraphs—

b

by the presentation of, or the concurring in, a petition for sequestration or by the submission of a claim under section 22 or 48 of the Bankruptcy (Scotland) Act 1985 (or those sections as applied by section 613 of the Companies Act 1985); or

c

by a creditor to the trustee acting under a trust deed as defined in section 5(2)(c) of the Bankruptcy (Scotland) Act 1985;