Finance Act 2016

Payment

178 Extension of provisions about set-off to Scotland

(1) Sections 130 and 131 of FA 2008 (which deal with the availability of set-off in England and Wales and Northern Ireland) extend also to Scotland.

(2) Accordingly, those sections are amended as follows.

(3) In section 130—

(a) omit subsection (10), and

(b) in the heading omit “: England and Wales and Northern Ireland”.

(4) In section 131—

(a) in subsection (5), in paragraph (a), after “winding up order” insert “or award of sequestration”,

(b) in that subsection, omit the “or” at the end of paragraph (d) and after paragraph (e) insert “, or

(f) that person’s estate becomes vested in any other person as that person’s trustee under a trust deed (within the meaning of the Bankruptcy (Scotland) Act 1985).”, and

(c) omit subsection (9).