Supervision Standard – Summer 2024

Fee to close

When making a provision for a final fee in a scheme of division (SOD) it would be helpful if the breakdown was provided in excel format.

Completion of scheme of division and schedule of creditors on BASYS

All schemes of division and the supporting schedule of creditors should be completed on BASYS prior to submission. Failure to do so may result in your account being returned.

Accelerating account periods – scheme of division and final accounts

A reminder that if you are looking to accelerate an account due to submitting a scheme of division or a final, there is no need to make a request on BASYS for AiB approval.

If you change the account type to SOD or final then click update accounting period you can enter the new end date of the account.

Please ensure the new end date allows sufficient time for the trustee to submit the account within statutory timescales.

If you have any problems or require any assistance with this, please do not hesitate to contact the Bankruptcy Accounts team.