- Draft legislation
This is a draft item of legislation. This draft has since been made as a Scottish Statutory Instrument: The Bankruptcy (Scotland) Regulations 2016 No. 397
25. The course of financial education prescribed for the purposes of section 117(1) of the Act is—
(a)the Scottish Financial Education Module learning materials divided into sections and published under that title by Money Advice Scotland(1); or
(b)all of the sections of that Module except for any section where the debtor’s circumstances indicate the debtor does not require financial education on the topic of that section, in relation to any of the following topics—
(i)budgeting and financial planning;
(ii)saving;
(iii)borrowing;
(iv)insurance;
(v)tax;
(vi)financial life stages (financial considerations in relation to renting or buying a home, having a baby and loss of employment);
(vii)welfare benefits.
Money Advice Scotland is a company registered in Scotland with registered number SC137717, registered charity in Scotland registration number SC005663. The Scottish Financial Education Module is available at http://www.moneyadvicescotland.org.uk/.
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Draft Policy Note sets out a brief statement of the purpose of a Draft Scottish Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Draft Scottish Statutory Instrument accessible to readers who are not legally qualified and accompany any Scottish Statutory Instrument or Draft Scottish Statutory Instrument laid before the Scottish Parliament from July 2012 onwards. Prior to this date these type of notes existed as 'Executive Notes' and accompanied Draft Scottish Statutory Instruments from July 2005 until July 2012.
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