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Accountant in Bankruptcy

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Publication - Notes for Guidance

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

First published
1 November 2021
Last updated
18 April 2024 - 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

19.3 Specific duties of commissioners

Many of the duties of commissioners are discretionary, however, there are certain specific duties imposed upon them which are detailed below.

Should the commissioners become aware the trustee is not complying with their duties they should make a report to AST.

19.3.1 Replacement of a deceased trustee

See section 5.3 for further information.

19.3.2 Accelerate/extend accounting periods

See section 13.2 for further information.

19.3.3 Determine the trustee’s fees and outlays

See section 13 for further information.

First published
Monday, 1 November 2021
Last updated
Thursday, 18 April 2024 -
All updates

  1. Supporting document added to website

  2. Published on website

  3. 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

  4. Published

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