UK Offence Report

The Insolvency (Scotland) Amendment Rules 2014 (revoked)

Scottish Statutory Instrument 2014 No. 114 — creates 5 criminal offences.

5offences created
0recorded in force
0revoked
Made
29 April 2014
In force from
30 May 2014
Extent
Not stated
Subject
Corporate, financial services, company law, employment, charity, electoral and tax
Made under
Insolvency Act 1986

Explanatory note

(This note is not part of the Rules) — published with the instrument by the department that made it. © Crown copyright, reused under the Open Government Licence v3.0.

These Rules amend the Insolvency (Scotland) Rules 1986 (S.I. 1986/1915) (“the Insolvency Rules”). The Rules restate provision in the Insolvency Rules in relation to receivership and the process of liquidation to remove the application of provisions of the Bankruptcy (Scotland) Act 1985. They also restate other Rules in relation to liquidation and administration for that purpose. Insofar as the Rules restate the law on reserved matters by virtue of paragraph 7 of Schedule 4 to the Scotland Act 1998 (c.46) the law as restated remains reserved law. The Rules also update and amend the Insolvency Rules in relation to receivership and the process of liquidation by new provision in relation to— block transfer orders for removal and appointment of liquidators (Rule 11) the remuneration of the liquidator (Rule 12) the liquidation committee (Rules 13 to 17) limited disclosure of statement of affairs in receivership (Rules 24 and 25) electronic submission and delivery of forms, notices and other documents (Rule 26) standard content of notices in Edinburgh Gazette or otherwise advertised (Rule 27) Rule 26 on electronic submission and delivery of documents makes provision in relation to receivership and the process of liquidation equivalent to that made for company voluntary arrangements and administration by the Insolvency (Scotland) Amendment Rules 2010 (S.I. 2010/688). See also the Legislative Reform (Insolvency) (Miscellaneous Provisions) Order 2010 (S.I. 2010/18) and the Explanatory Document published to accompany a draft of that Order (availablehere: http://www.legislation.gov.uk/ukdsi/2009/9780111479391/memorandum/contents). The provision for electronic submission and delivery in these Rules is subject to contrary provision in the Insolvency Act 1986, for example, sections 95(2) and 98(1) (sending of notices by post) and section 436B(2) (provisions of the 1986 Act to which section 436B(1) does not apply). Rule 28 provides for the forms 4.9 (Scot) and 4.24 (Scot) in the Schedule to these Rules to be substituted for those forms as set out in Schedule 5 to the Insolvency Rules. Subject to Rule 29 (saving), the Rules apply from 30th May 2014. A Business and Regulatory Impact Assessment has been prepared for these Regulations. Copies can be obtained from the Accountant in Bankruptcy’s website: http://www.aib.gov.uk.

Offences created by this instrument

What Parliament said about it

Hansard was searched for this instrument by name and returned nothing. That is the ordinary outcome: an instrument laid under the negative procedure is usually never debated, and becomes law without a word said about it in either House.

How Parliament handled it

Parliament's Statutory Instruments service records procedure from May 2017 onwards, and this instrument predates it. That is a limit of the source, not a statement that nothing happened.

Check the source