Fallen giants Rangers have accepted a one-year transfer ban to ensure their membership of the Scottish Football Association.
The transfer embargo which commences on September 1 and a STG160,000 fine were initially handed down to Rangers for a range of offences including the club's failure to pay tax under former owner Craig Whyte.
Rangers successfully challenged the ban in the Court of Session before Charles Green's Sevco bought their assets when the Glasgow club were consigned to liquidation.
But the change to a new company meant the SFA were able to insist that Rangers serve the ban or face rejection from the Scottish Football League.
The Rangers new company were voted into the Third Division by the country's Football League clubs after failing in their bid to get back into the Scottish Premier League.