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

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.

7.5 Income

Income of the debtor, as at the date of bankruptcy, does vest with the trustee.

Income the debtor receives during the period of bankruptcy does not vest. However the trustee is entitled to seek a contribution from the income (see section 8).

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