PART 6Further amendments relating to Parts 2 to 5

Housing (Scotland) Act 201031.

(1)

Section 80 of the Housing (Scotland) Act 2010 (proposals: formulation)49 is amended as follows.

(2)

In subsection (5)—

(a)

after paragraph (a) insert—

“(aa)

secondary preferential debts being paid before ordinary preferential debts,”;

(b)

in paragraph (b), after “proportions of” insert “ordinary”;

(c)

at the end of paragraph (b), insert—

“or

(c)

preferential creditors being paid different proportions of secondary preferential debts (except where affected preferential creditors agree to be paid a smaller proportion).”;

(d)

after ““preferential debt”” insert “, ordinary preferential debt, secondary preferential debt”.