The Insolvent Companies (Reports on Conduct of Directors) (Scotland) Rules 1996

Transitional and saving provisions

7.—(1) Subject to paragraph (2) below, rules 2 and 3 of the former Rules shall continue to apply as if the former Rules had not been revoked when any of the events mentioned in sub-paragraphs (a), (b), (c) or (d) of rule 2(1) of the former Rules (order of the court for winding up, passing of resolution for voluntary winding up, appointment of administrative receiver, making of administration order) occurred on or after 29th December 1986 but before the commencement date.

(2) Until 31st December 1996—

(a) the forms contained in the Schedule to the former Rules which were required to be used for the purpose of complying with those Rules, or

(b) the Form D1 (Scot) or D2 (Scot) as set out in the Schedule to these Rules, as appropriate, or a form which is substantially similar thereto, with such variations, if any, as the circumstances may require,

may be used for the purpose of complying with rules 2 and 3 of the former Rules as applied by paragraph (1) above; but after that date the forms mentioned in sub-paragraph (b) of this paragraph shall be used for that purpose.

(3) When a period referred to in rule 4(2) of the former Rules is current immediately before the commencement date, these Rules have effect as if rule 6(2) of these Rules had been in force when the period began and the period is deemed to expire whenever it would have expired if these Rules had not been made and any right, obligation or power dependent on the beginning, duration or end of such period shall be under rule 6(2) of these Rules as it was or would have been under the said rule 4(2).

(4) The provisions of this rule are to be without prejudice to the operation of section 16 of the Interpretation Act 1978(1) (saving from repeals) as it is applied by section 23 of that Act.

(1)

1978 c. 30.