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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
18 August 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

3. Initial stages of bankruptcy

This section refers to Part 3 of the Act, sections 39 to 49.

An interim trustee may be appointed to safeguard the debtor’s estate. See section 4.4 for further information.

First published
Monday, 1 November 2021
Last updated
Monday, 18 August 2025 -
All updates

  1. Amendment to 8.7.2 Quashing a DCO – review and appeal section

  2. Update to section 14.3 and 14.4

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

  4. update to section 14.3.

  5. 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

  6. 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

  7. Supporting document added to website

  8. Published on website

  9. 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

  10. Published

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