Citation and commencement, etc.

1.—(1) This Act of Sederunt may be cited as the Act of Sederunt (Rules of the Court of Session 1994 and Sheriff Court Rules Amendment) (Regulation (EU) 2015/848) 2017.

(2) It comes into force on 26th June 2017.

(3) A certified copy is to be inserted in the Books of Sederunt.

Amendment of the Sheriff Court Bankruptcy Rules 2016

2.—(1) The Act of Sederunt (Sheriff Court Bankruptcy Rules) 2016(6) is amended in accordance with this paragraph.

(2) In rule 1.2 (interpretation)—

(a)in paragraph (1), for the definition of “Council Regulation” substitute—

““Council Regulation” means Regulation (EU) 2015/848 of the European Parliament and of the Council of 20th May 2015 on insolvency proceedings, as amended from time to time.”;

(b)in paragraph (2) for “liquidator” substitute “insolvency practitioner”.

(3) In Schedule 1, in Form 6.1A, in the Statement of Facts—

(a)in paragraphs 1 and 3, for “liquidator” substitute “insolvency practitioner”; and

(b)in paragraph 3, for “Council Regulation (EC) No. 1346/2000 on insolvency proceedings” substitute “Regulation (EU) 2015/848 of the European Parliament and of the Council of 20th May 2015 on insolvency proceedings, as amended from time to time”.

Amendment of the Rules of the Court of Session 1994

3.—(1) The Rules of the Court of Session 1994(7) are amended in accordance with this paragraph.

(2) In rule 62.91(3)(e) (general), for “liquidator” substitute “insolvency practitioner”.

(3) In rule 74.1 (application and interpretation of this chapter)—

(a)for the definition of “Council Regulation” substitute—

““Council Regulation” means Regulation (EU) 2015/848 of the European Parliament and of the Council of 20th May 2015 on insolvency proceedings, as amended from time to time.”;

(b)in the definition of “establishment”, for “Article 2(h)” substitute “Article 2(10)”;

(c)in the definition of “main proceedings”, for “Article 2(a)” substitute “Article 2(4)”.

(4) In rule 74.24(1A) (substitution of creditor or contributory for petitioner), for “liquidator” substitute “insolvency practitioner”.

(5) In rule 74.25(1)(b) (provisional liquidator), for “liquidator” substitute “insolvency practitioner”.

Amendment of the Judicial Factors Rules 1992

4.—(1) The Act of Sederunt (Judicial Factors Rules) 1992(8) is amended in accordance with this paragraph.

(2) In rule 2 (interpretation)—

(a)for the definition of “Council Regulation” substitute—

““Council Regulation” means Regulation (EU) 2015/848 of the European Parliament and of the Council of 20th May 2015 on insolvency proceedings, as amended from time to time.”;

(b)in the definition of “establishment”, for “Article 2(h)” substitute “Article 2(10)”;

(c)in the definition of “main proceedings”, for “Article 2(a)” substitute “Article 2(4)”.

Amendment of the Sheriff Court Company Insolvency Rules 1986

5.—(1) The Act of Sederunt (Sheriff Court Company Insolvency Rules) 1986(9) is amended in accordance with this paragraph.

(2) In rule 3.1 (interpretation), for the definition of “Council Regulation” substitute—

““Council Regulation” means Regulation (EU) 2015/848 of the European Parliament and of the Council of 20th May 2015 on insolvency proceedings, as amended from time to time.”.

Savings

6.  The amendments made by this Act of Sederunt do not apply to proceedings which are subject to Regulation (EC) 1346/2000 of 29th May 2000 on insolvency proceedings(10).

EXPLANATORY NOTE

(This note is not part of the Act of Sederunt)

This Act of Sederunt amends the Sheriff Court Bankruptcy Rules 2016, the Rules of the Court of Session 1994, the Judicial Factors Rules 1992 and the Sheriff Court Company Insolvency Rules 1986 to replace references to Regulation (EC) 1346/2000 of 29th May 2000 on insolvency proceedings, which has been repealed and replaced by Regulation (EU) 2015/848 of the European Parliament and of the Council of 20th May 2015 on insolvency proceedings. References to “member state liquidator” are replaced with references to “member state insolvency practitioner” to reflect the terminology used in the new Regulation.