SCHEDULE 1Modification of enactments

PART 2Secondary Legislation

Insolvency (Scotland) Rules 1986I136

1

The Insolvency (Scotland) Rules 198666 are amended as follows.

2

In rule 0.2(1) (interpretation), omit the definition of “the Bankruptcy Act”.

3

For rule 4.76 (limitation) substitute—

Limitation4.76

1

The provisions in paragraph (2) apply in relation to the liquidation as they apply in relation to a sequestration subject to the substitution of “petition for winding up” for references to “petition for sequestration” and to any other necessary modifications.

2

The provisions are—

a

sections 13(5) and 46(8), as read with section 228(8) to (10), of the Bankruptcy (Scotland) Act 2016;

b

article 6(1)(a) and (b), (2) and (3) of the Bankruptcy (Scotland) Act 2016 (Consequential Provisions and Modifications) Order 2016.