Consultations as far back as 1998 identified a need for the review of the law of diligence.
The Bankruptcy and Diligence etc. (Scotland) Act 2007, which received Royal Assent in January 2007, introduced substantial changes to diligence. It amends certain existing diligences, creates new diligences and abolishes others altogether.
The Act is a complex piece of legislation and is divided into several parts. Commencement of those parts of the Act for which the Accountant in Bankruptcy has policy responsibility is planned to take place between April 2008 and April 2010.
A provisional timeline for commencement has been published and can be viewed on this website. The timeline may be subject to change.