Bankruptcy (Scotland) Act 1985 (repealed)

25[F1Appointment of replacement trustee]S

[F2(A1)This section applies where a replacement trustee is elected by virtue of a trustee vote.]

(1)On the election of the [F3replacement] trustee—

(a)the [F4original] trustee shall forthwith make a report of the proceedings at the statutory meeting to the sheriff; and

(b)the debtor, a creditor, the [F4original] trustee, the [F3replacement] trustee or the Accountant in Bankruptcy may, within 4 days after the statutory meeting, object to any matter connected with the election; and such objection shall be by summary application to the sheriff, specifying the grounds on which the objection is taken.

(2)If there is no timeous objection under subsection (1)(b) above, the sheriff shall forthwith declare the elected person to be the [F5trustee in the sequestration] ; and the sheriff shall [F6make an order appointing him as such] .

[F7(2A)F8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .]

(3)If there is a timeous objection under subsection (1)(b) above, the sheriff shall forthwith give parties an opportunity to be heard thereon and shall give his decision.

(4)If in his decision under subsection (3) above the sheriff—

(a)rejects the objection, subsection (2) above shall apply as if there had been no timeous objection;

(b)sustains the objection, he shall order the [F9original] trustee to arrange a new meeting [F10at which a new trustee vote shall be held] ; and sections 23 and 24 of this Act and this section shall apply in relation to such a meeting.

(5)Any declaration, [F11appointment] or decision of the sheriff under this section shall be final, and no expense in objecting under this section shall fall on the debtor’s estate.

(6)F12. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F1S. 25 heading substituted (1.4.2008) by virtue of Bankruptcy and Diligence etc. (Scotland) Act 2007 (asp 3), ss. 11(5)(b), 227(3) (with s. 223); S.S.I. 2008/115, art. 3(1)(a) (with arts. 4-6, 10 (as amended (with effect from 31.1.2011) by S.S.I. 2011/31, art. 5))

F7S. 25(2A) inserted (1.4.1993, subject to savings in arts. 4, 5 of S.I. 1993/438) by 1993 c. 6, s. 11(3), Sch. 1 para. 13(2) (with s. 12(6)); S.I. 1993/438, art.3

Words at the end of s. 26(6)(b) added (1.4.1993, subject to savings in arts. 4, 5 of S.I. 1993/438) by 1993 c. 6, s. 11(3), Sch. 1 para. 13(3) (with s. 12(6)); S.I. 1993/438, art.3

F12S. 25(6) repealed (15.11.2010) by Home Owner and Debtor Protection (Scotland) Act 2010 (asp 6), ss. 12, 17(3)(4) (with s. 14); S.S.I. 2010/314, art. 6 (subject to transitional provisions and savings in S.S.I. 2010/316, arts. 4-7)