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

The notification must be sent when the decision is made and should be sent no later than four weeks before the end of the relevant accounting period and should only be issued when the trustee has funds available to make a distribution.

The trustee must notify the debtor and creditors of their decision and provide reasons for:

• any rejection
• when a preferred ranking is claimed and the adjudication is for ordinary ranking only, that decision also requires to be intimated since it represents a rejection in part of the claim

The parties should also be made aware of their right of review within 28 days from the date the decision to accept or reject the claim was made (see section 12.6).