The Public Services Reform (Insolvency) (Scotland) Order 2016

 

Background

Draft Scottish Statutory Instrument - The Public Services Reform (Insolvency) (Scotland) Order 2016

This Order is made under section 17 of the Public Sector Reform (Scotland) Act 2010. It amends the Insolvency Act 1986 (“the Act”) and the Small Business Enterprise and Employment Act 2015 (“the 2015 Act”). Article 2 comes into force on 1st April 2016, as do the other amendments to allow subordinate legislation to be made, including corporate Insolvency Rules under section 411 of the Act. The rest of the amendments come fully into force on 1st October 2016.

Timetable

The proposed Order was laid on 30 September 2015, and the Committee launched its consultation period on 2 October 2015.

Stakeholders were asked to share their views on the Order with the Committee, with a deadline of 13 November 2015. The below submissions were received and were shared with the Scottish Government.

Submissions received:

The Committee took evidence on the subsequent affirmative Order on February 10 2016 and recommended that the draft order be approved

Read the Committee's report on subordinate legislation.

 

The Economy, Energy and Tourism Committee

Committee Office, T2.60

The Scottish Parliament

EH99 1SP

Tel: 0131 3485403

[email protected]

 

 

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