Part 1Bankruptcy

Duration of bankruptcy

F11Discharge of debtor

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Bankruptcy restrictions orders and undertakings

F12Bankruptcy restrictions orders and undertakings

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Effect of bankruptcy restrictions orders and undertakings

3Disqualification from being appointed as receiver

(1)

Section 51 of the Insolvency Act 1986 (c. 45) (appointment of receiver) is amended as follows.

(2)

In subsection (3), after paragraph (b), insert—

“(ba)

a person subject to a bankruptcy restrictions order;”.

(3)

In subsection (5), after “bankrupt” insert “or a person subject to a bankruptcy restrictions order”.

(4)

In subsection (6), after “receivers” insert“; and

“bankruptcy restrictions order” means—

(a)

a bankruptcy restrictions order made under section 56A of the Bankruptcy (Scotland) Act 1985 (c. 66);

(b)

a bankruptcy restrictions undertaking entered into under section 56G of that Act;

(c)

a bankruptcy restrictions order made under paragraph 1 of Schedule 4A to this Act; or

(d)

a bankruptcy restrictions undertaking entered into under paragraph 7 of that Schedule.”.

4Disqualification for nomination, election and holding office as member of local authority

In section 31 of the Local Government (Scotland) Act 1973 (c. 65) (disqualifications for nomination, election and holding office as member of local authority)—

(a)

after subsection (1)(b), insert—

“(ba)

he is subject to a bankruptcy restrictions order;”; and

(b)

after subsection (3A), insert—

“(3B)

In subsection (1)(ba) above, “bankruptcy restrictions order” means—

(a)

a bankruptcy restrictions order made under section 56A of the Bankruptcy (Scotland) Act 1985;

(b)

a bankruptcy restrictions undertaking entered into under section 56G of that Act;

(c)

a bankruptcy restrictions order made under paragraph 1 of Schedule 4A to the Insolvency Act 1986 (c. 45); or

(d)

a bankruptcy restrictions undertaking entered into under paragraph 7 of that Schedule.”.

F25Orders relating to disqualification

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The trustee in the sequestration

F26Amalgamation of offices of interim trustee and permanent trustee

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F27Repeal of trustee's residence requirement

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F28Duties of trustee

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F29Grounds for resignation or removal of trustee

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F210Termination of interim trustee's functions

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F211Statutory meeting and election of trustee

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F212 Replacement of trustee acting in more than one sequestration

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F213Requirement to hold money in interest bearing account

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Debtor applications

F214Debtor applications

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F215Debtor applications by low income, low asset debtors

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Jurisdiction

F216Sequestration proceedings to be competent only before sheriff

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Vesting of estate and dealings of debtor

F217Vesting of estate and dealings of debtor

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Income received by debtor after sequestration

F218Income received by debtor after sequestration

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Debtor's home and other heritable property

F219Debtor's home and other heritable property

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Protected trust deeds

F220Modification of provisions relating to protected trust deeds

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...

F221Modification of composition procedure

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Status and powers of Accountant in Bankruptcy

F222Status of Accountant in Bankruptcy as officer of the court

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F223Accountant in Bankruptcy's power to investigate trustees under protected trust deeds

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Offences

F224Modification of offences under section 67 of the 1985 Act

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Miscellaneous and general

F225Debt limits in sequestrations

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F226Creditor to provide debt advice and information package

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F227Continuation of sequestration proceedings

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F228Abolition of summary administration

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F229Non-vested contingent interest reinvested in debtor

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F230Debtor's requirement to give account of state of affairs

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F231Restriction of debtor's right to appeal under sections 49(6) and 53(6) of the 1985 Act

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F232Status of order on petition to convert protected trust deed into sequestration

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33Power to provide for lay representation in sequestration proceedings

In section 32(1) of the Sheriff Courts (Scotland) Act 1971 (c. 58) (power of Court of Session to regulate civil procedure in sheriff court), after paragraph (l) insert—

“(m)

permitting a debtor appearing before a sheriff under section 12 of the Bankruptcy (Scotland) Act 1985 (c. 66) (award of sequestration) to be represented, in such circumstances as may be specified in the act of sederunt, by a person who is neither an advocate nor a solicitor.”.

34Treatment of student loans on sequestration

(1)

In section 73B(12) of the Education (Scotland) Act 1980 (c. 44) (power to make provision in relation to treatment of student loans upon discharge under the 1985 Act), after “receive,” insert “before, on or”.

(2)

In paragraph 6 of Schedule 2 to the Education (Student Loans) Act 1990 (c. 6) (treatment of student loans on sequestration), which, notwithstanding its repeal by section 44 of and Schedule 4 to the Teaching and Higher Education Act 1998 (c. 30), is saved by virtue of article 3 of the Teaching and Higher Education Act 1998 (Commencement No. 2 and Transitional Provisions) Order 1998 (S.I. 1998 No. 2004)—

(a)

after “Where,” insert “before, on or”; and

(b)

after “before” insert “, on”.

F335Certain regulations under the 1985 Act: procedure

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F336Minor and consequential amendments of the 1985 Act

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