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Accountant in Bankruptcy
Publication - Notes for Guidance

Notes for Guidance - Bankruptcy (Scotland) Act 2016 (as amended)

First published
1 November 2021
Last updated
22 July 2025 - see all updates
Topic
Bankruptcy

This guidance describes the general functions of Accountant in Bankruptcy, interim trustees, trustees and commissioners in relation to their responsibilities regarding bankruptcies which started on or after 30 November 2016.

Supporting documents

1.4 Legislation and other guidance

For the purposes of this guidance reference will be made to:

The Bankruptcy (Scotland) Act 2016 (The Act)

The Bankruptcy (Scotland) Regulations 2016 (The Regulations)

The Bankruptcy (Applications and Decisions) (Scotland) Regulations 2016 (Applications and Decisions Regulations)

The Bankruptcy Fees (Scotland) Regulations 2018 (Fees Order)

Notes for Guidance - Common Financial Tool 

All BASYS user guides are available within the “Help” section of BASYS

First published
Monday, 1 November 2021
Last updated
Tuesday, 22 July 2025 -
All updates

  1. Downloadable word version of the Notes for Guidance to cover the June amendments have been added.

  2. update to section 14.3.

  3. Changes to the following sections: 1.4 1.6 2.5 2.6 5.2 5.6 8.3 8.4 8.6 8.7 8.8 10.3 12.7 12.8 13 13.2 13.6 – 13.17 14 -14.8 16 16.5 18.3

  4. Changes to AiB team names. Sections 12.2.1, 12.3, 12.5, 13.10, 13.13.1, 13.14 amended. Section 13.12.10 added

  5. Supporting document added to website

  6. Published on website

  7. Amended sections 2.2, 12.7.2, 12.8.2, 13.6, 13.9, 13.12, 13.13, 13.14, 16.5, 18.5.1

  8. Published

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