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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
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

16.1 Interim BROs

The Act provides for interim BROs to be made when there is an urgent need to protect the public. This may happen if there are delays in obtaining information for the investigation.

The BAI team will decide if there is a need to make an interim BRO, or submit an application to a sheriff.

An interim BRO will cease to be effective:

  • on determination of the BRO by the Accountant
  • on determination of the BRO by the sheriff
  • on discharge by the sheriff on application by the Accountant or the debtor
First published
Monday, 1 November 2021
Last updated
Wednesday, 19 June 2024 -
All updates

  1. 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

  2. Supporting document added to website

  3. Published on website

  4. 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

  5. Published

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