Publication - Notes for Guidance

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

First published: 1 November 2021
Last updated: 19 June 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

1.1 AiB – general functions

AiB supports ministers to develop the policy for:

personal insolvency
corporate insolvency (where devolved to the Scottish Parliament)
the Debt Arrangement Scheme (DAS)
diligence in Scotland

First published: Monday, 1 November 2021
Last updated: Wednesday, 19 June 2024 - show all updates
All updates: Wednesday, 19 June 2024
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

Thursday, 18 April 2024
Supporting document added to website

Monday, 29 January 2024
Published on website

Saturday, 1 October 2022
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

Monday, 1 November 2021
Published

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1.1 AiB – general functions

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