Rely on the most comprehensive, up-to-date legal content designed and curated by lawyers for lawyers
Work faster and smarter to improve your drafting productivity without increasing risk
Accelerate the creation and use of high quality and trusted legal documents and forms
Streamline how you manage your legal business with proven tools and processes
Manage risk and compliance in your organisation to reduce your risk profile
Stay up to date and informed with insights from our trusted experts, news and information sources
Access the best content in the industry, effortlessly — confident that your news is trustworthy and up to date.
Find up-to-date guidance on points of law and then easily pull up sources to support your advice with Lexis PSL
Check out our straightforward definitions of common legal terms.
Our trusted tax intelligence solutions, highly-regarded exam training and education materials help guide and tutor Tax professionals
Access our unrivalled global news content, business information and analytics solutions
Insurance, risk and compliance intelligence using big data, proprietary linking and advanced analytics.
A leading provider of software platforms for professional services firms
In-depth analysis, commentary and practical information to help you protect your business
LexisNexis Blogs shed light on topics affecting the legal profession and the issues you're facing
Legal professionals trust us to help navigate change. Find out how we help ensure they exceed expectations
Lex Chat is a LexisNexis current affairs podcast sharing insights on topics for the legal profession
Discuss the latest legal developments, ask questions, and share best practice with other LexisPSL subscribers
Steven Wood, insolvency practice support specialist at Institute of Chartered Accountants of Scotland or ICAS, introduces the Coronavirus (Scotland) Act 2020 (C(S)A 2020) that has been passed in light of the ongoing pandemic. and highlights the impact
of this legislation on restructuring and insolvency practice in Scotland during its period of operation.
The purpose of (C(S)A 2020) is to respond to the emergency caused by the coronavirus (COVID-19) pandemic. C(S)A 2020 complements and supplements the Coronavirus Act 2020, passed by the UK Parliament on 25 March 2020, and which the Scottish Parliament
gave its consent to on 24 March 2020.
The bill for C(S)A 2020 was passed by the Scottish Parliament on 1 April 2020 and the act came into force on 7 April 2020, after receiving royal assent.
C(S)A 2020, s 12 provides for the main provisions of the C(S)A 2020 to expire on 30 September 2020, unless the Scottish Parliament passes regulations providing for its effect to continue until 31 March 2021. If the Scottish Parliament does pass such
regulations, it may then pass regulations allowing one further, final extension, until 30 September 2021, at which point any remaining provisions in the C(S)A 2020 will expire.
The Scottish Ministers also have the power, by regulations, to suspend any of the main provisions of the C(S)A 2020, to revive the effect of any suspended part and to cause any of the main provisions of the C(S)A 2020 to expire earlier than the schedule
set out. This power allows any provision which is no longer, in the view of the Scottish Ministers, appropriate or proportionate, to be removed entirely or to be suspended if it may become necessary to use again.
The Accountant in Bankruptcy advises that this change is being made to:
The moratorium is available to individuals, or certain legal persons who are permitted to apply for sequestration under the terms of the Bankruptcy (Scotland) Act 2016 (B(S)A 2016), including trusts and partnerships.
C(S)A 2020, Sch 2, para 4(a) increases the length of the moratorium against diligence created by B(S)A 2016, ss 195–198, from six weeks to a period of six months, for moratoria established during the period covered by the emergency legislation.
Additionally, C(S)A 2020, Sch 2, paras two and three remove the prohibition against an individual benefitting from more than one moratorium in any 12-month period, so that those who have recently had a moratorium are not excluded from the effect of
C(S)A 2020, s 5 introduces C(S)A 2020, Sch 4, which includes provisions surrounding courts and tribunals conducting business by electronic means.
This provides for electronic signatures to fulfil the requirement for certain documents to be signed and allows for documents to be transmitted electronically. This will only impact insolvency practitioners to the extent that the courts are prepared
to deal with insolvency-related matters. At the time of writing several Scottish courts are known to be essentially deeming insolvency business as non-urgent.
The description of ‘court’ within the C(S)A 2020 extends to any office-holder of a court. As the Accountant in Bankruptcy falls within that description, C(S)A 2020, Sch 4 will allow it to accept debtor bankruptcy application forms submitted
with electronic signatures. The signature must be created by the individual and can be done through use of various software solutions or by the applicant emailing their money adviser/proposed trustee with a simple statement averring that the relevant
form is being submitted electronically with their consent. The statement must include the applicant’s name, address and date of birth. It should be uploaded to the Accountant in Bankruptcy’s case management system along with the relevant
Insolvency practitioners dealing with landlord insolvencies or debtor evictions will need to be aware of the provisions of the C(S)A 2020 surrounding lease termination and dwellinghouse evictions.
C(S)A 2020, Sch 1 also provides increased protection from eviction for private and social tenants. The minimum notice period for eviction has been increased from six weeks to six months in most cases, depending on the grounds for eviction.
Free trials are only available to individuals based in the UK
* denotes a required field
Zahra started working as a paralegal at LexisNexis in the Lexis®PSL Banking & Finance and Restructuring & Insolvency teams in April 2019 and moved to the Corporate team in June 2020, where she currently works as a Market Tracker Analyst. Zahra graduated with 2.1 honours in BA French and Spanish and completed the GDL at BPP University. She has undertaken voluntary work for law firms in London, Argentina and Colombia.
0330 161 1234