The Bankruptcy (Scotland) Act 2016 is an
Act of the Scottish Parliament
An Act of the Scottish Parliament ( gd, Achd Pàrlamaid na h-Alba) is primary legislation made by the Scottish Parliament. The power to create Acts was conferred to the Parliament by section 28 of the Scotland Act 1998 following the success ...
.
It forms the key legislative provisions behind the law of
bankruptcy in Scotland, with the different Parts of the Act generally following the steps one would take to sequestrate oneself in Scotland.
The Act did not change the law in Scotland, but instead consolidated and codified the provisions of a number of Acts relating to bankruptcy, including the Bankruptcy (Scotland) Acts 1985 and 1993, as well as the Bankruptcy and Debt Advice (Scotland) Act 2014.
Further reading
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References
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Acts of the Scottish Parliament 2016