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Statutory Instruments of the Scottish Parliament |
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You are here: BAILII >> Databases >> Statutory Instruments of the Scottish Parliament >> The Bankruptcy Fees (Scotland) Amendment Regulations 2011 No. 142 URL: http://www.bailii.org/scot/legis/num_reg/2011/ssi_2011142_en_1.html |
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Scottish Statutory Instruments
Insolvency
Made
17th February 2011
Laid before the Scottish Parliament
22nd February 2011
Coming into force
1st April 2011
The Scottish Ministers make the following Regulations in exercise of the powers conferred by sections 69A, 72(1) and 73(1) of the Bankruptcy (Scotland) Act 1985(1) and all other powers enabling them to do so.
1. These Regulations may be cited as the Bankruptcy Fees (Scotland) Amendment Regulations 2011 and come into force on 1st April 2011.
2. In Part II of the Schedule to the Bankruptcy Fees (Scotland) Regulations 1993(2)-
(a)in item 20 (for lodging any unclaimed dividend in an appropriate bank or institution set aside for payment to a creditor or creditors, in respect of each creditor on consignation)-
(i)in Column 2, for "£13.00" substitute "£26.00"; and
(ii)in Column 3, for "£12.00" substitute "£13.00";
(b)in item 21 (for uplifting any sum lodged in an appropriate bank or institution, in respect of each creditor on consignation)-
(i)in Column 1, for "sum lodged in an appropriate bank or institution, in respect of each creditor on consignation" substitute-
"unclaimed dividend consigned in an appropriate bank or institution, in respect of each creditor";
(ii)in Column 2, for "£13.00" substitute "£26.00"; and
(iii)in Column 3, for "£12.00" substitute "£13.00".
FERGUS EWING
Authorised to sign by the Scottish Ministers
St Andrew's House,
Edinburgh
17th February 2011
(This note is not part of the Regulations)
These Regulations amend the Bankruptcy Fees (Scotland) Regulations 1993 to prescribe amended fees payable to the Accountant in Bankruptcy in respect of the exercise of certain of the Accountant in Bankruptcy's functions under the Bankruptcy (Scotland) Act 1985.
In particular, the Regulations increase the fees for consigning unclaimed dividends and for uplifting consigned sums.
1985 c.66. Section 69A was inserted by the Bankruptcy (Scotland) Act 1993 (c.6), section 8, and amended by S.I. 1999/1820, Schedule 2, paragraph 82. Section 73(1) contains a definition of "prescribed" that is relevant to the exercise of the statutory powers under which these Regulations are made. The functions of the Secretary of State were transferred to the Scottish Ministers, insofar as they are within devolved competence, by section 53 of the Scotland Act 1998 (c.46).
S.I. 1993/486. The Schedule to the Regulations was last substituted by S.S.I. 2009/97 and subsequently amended by S.S.I. 2010/76.
