PART 13Bankruptcy restrictions orders and interim bankruptcy restrictions orders

Bankruptcy restrictions orders

I1155Bankruptcy restrictions order

1

Where sequestration of a living debtor's estate is awarded, an order (to be known as a “bankruptcy restrictions order”) in respect of the debtor may be made—

a

by AiB, or

b

on the application of AiB, by the sheriff.

2

If AiB proposes to make a bankruptcy restrictions order, AiB must so notify the debtor.

3

A notice under subsection (2) must inform the debtor that the debtor has a right to make representations to AiB in relation to the proposed bankruptcy restrictions order.

4

Before making a bankruptcy restrictions order, AiB must take into account any representations made by the debtor.