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Statutory Instruments

2006 No. 735 (S. 7)

INSOLVENCY, SCOTLAND

COMPANIES

The Insolvency (Scotland) Amendment Order 2006

Made

13th March 2006

Laid before Parliament

14th March 2006

Coming into force

6th April 2006

The Secretary of State makes the following Order in exercise of the powers conferred by section 277(1) of the Enterprise Act 2002(1):

Citation, commencement and interpretation

1.—(1) This Order may be cited as the Insolvency (Scotland) Amendment Order 2006 and shall come into force on 6th April 2006.

(2) In this Order “the 1986 Rules” means the Insolvency (Scotland) Rules 1986(2).

Amendments to Forms

2.  For page 2 of Forms 4.4 (Scot) and Form 5 (Scot) set out in Schedule 5 to the 1986 Rules substitute the page set out in the Schedule to this Order.

Gerry Sutcliffe

Parliamentary Under Secretary of State for Employment Relations and Consumer Affairs

Department of Trade and Industry

13th March 2006

Article 2

SCHEDULE

  

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Explanatory Note

(This note is not part of the Order)

This Order makes changes to the Insolvency (Scotland) Rules 1986 (S.I. 1986/1915). Page 2 of Forms 4.4 and 5 is substituted with a revised statement of affairs to reflect how the prescribed part should be applied to unsecured creditors and floating charge holders.

(1)

2002 c. 40. Back [1]

(2)

S.I. 1986/1915: amended by S.I. 1987/1921, 1999/1820, 2002/2709, 2003/2108, 2003/2109 and 2003/2111. Back [2]