Introduction
1.These Explanatory Notes have been prepared by the Scottish Government in order to assist the reader of the Act. They do not form part of the Act and have not been endorsed by the Parliament.
2.The Notes should be read in conjunction with the Act. They are not, and are not meant to be, a comprehensive description of the Act. So where a section, or a part of a section, does not seem to require any explanation, none is given. In particular, subordinate legislation to implement the Act is referred to where available at the time of publication of the Notes (Spring 2015) and may not be comprehensively described.
3.In these Notes:-
	‘AiB’ means the Accountant in Bankruptcy(1);
	‘the 1985 Act’ means the Bankruptcy (Scotland) Act 1985 (c.66);
	‘the 2002 Act’ means the Debt Arrangement and Attachment (Scotland) Act 2002 (asp 17);
	‘the BAD Act’ means the Bankruptcy & Diligence etc. (Scotland) Act 2007 (asp 3);
	‘DAS’ means the Debt Arrangement Scheme;
	‘DAS regulations’ means the Debt Arrangement Scheme (Scotland) Regulations 2011 (S.S.I. 2011/141 as amended);
	‘PTD’ means Protected Trust Deed; and
	‘the Scottish Law Commission report” means the Report on the Consolidation of Bankruptcy Legislation in Scotland(2).