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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.

8.1 Effect of a DCO

The debtor must pay the contribution:

  • at the amount set by the Accountant (if not nil)
  • at the amount as varied in accordance with section 95 of the Act (if not nil)
  • irrespective of their discharge

The DCO will cease to have effect if the trustee ingathers sufficient assets, or income, to meet the distribution in full under section 129 of the Act.

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