Coronavirus (Scotland) (No.2) Act 2020

Published:

The No.2 Act represents further temporary legislation that includes some additional bankruptcy-related measures. Including Electronic service of documents, Financial criteria for minimal asset process, Meaning of “qualified creditor”, Deadline for sending proposals for debtor’s contribution, Virtual meetings of creditors, Electronic signature of forms and Fees for debtor applications. (All can be found at Schedule 1, Part 5 of the Act).

**The expiry date of Part 1 of the Coronavirus (Scotland) Act 2020 and Part 1 of the Coronavirus (Scotland) (No.2) Act 2020 has been amended from 30 September 2020 to 31 March 2021.(Link)**