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- Point in Time (01/02/1991)
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Version Superseded: 31/03/2007
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Bankruptcy (Scotland) Act 1985 (repealed), Section 48 is up to date with all changes known to be in force on or before 01 September 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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(1)Subject to subsection (2) below and subsections (8) and (9) of section 52 of this Act, a creditor in order to obtain an adjudication as to his entitlement—
(a)to vote at a meeting of creditors other than the statutory meeting; or
(b)(so far as funds are available), to a dividend out of the debtor’s estate in respect of any accounting period,
shall submit a claim in accordance with this section to the permanent trustee respectively—
(i)at or before the meeting; or
(ii)not later than 8 weeks before the end of the accounting period.
(2)A claim submitted by a creditor—
(a)under section 22 of this Act and accepted in whole or in part by the interim trustee for the purpose of voting at the statutory meeting; or
(b)under this section and accepted in whole or in part by the permanent trustee for the purpose of voting at a meeting or of drawing a dividend in respect of any accounting period,
shall be deemed to have been re-submitted for the purpose of obtaining an adjudication as to his entitlement both to vote at any subsequent meeting and (so far as funds are available) to a dividend in respect of an accounting period, or, as the case may be, any subsequent accounting period.
(3)Subsections (2) and (3) of section 22 of this Act shall apply for the purposes of this section but as if in the proviso to subsection (2) for the words “interim trustee” there were substituted the words “permanent trustee with the consent of the commissioners, if any”, and for any other reference to the interim trustee there were substituted a reference to the permanent trustee.
(4)A creditor who has submitted a claim under this section (or under section 22 of this Act, a statement of claim which has been deemed re-submitted as mentioned in subsection (2) above) may at any time submit a further claim under this section specifying a different amount for his claim:
Provided that a secured creditor shall not be entitled to produce a further claim specifying a different value for the security at any time after the permanent trustee requires the creditor to discharge, or convey or assign, the security under paragraph 5(2) of Schedule 1 to this Act.
(5)The permanent trustee, for the purpose of satisfying himself as to the validity or amount of a claim submitted by a creditor under this section, may require—
(a)the creditor to produce further evidence; or
(b)any other person who he believes can produce relevant evidence, to produce such evidence,
and, if the creditor or other person refuses or delays to do so, the permanent trustee may apply to the sheriff for an order requiring the creditor or other person to attend for his private examination before the sheriff.
(6)Sections 44(2) and (3) and 47(1) of this Act shall apply, subject to any necessary modifications, to the examination of the creditor or other person as they apply to the examination of a relevant person; and references in this subsection and subsection (5) above to a creditor in a case where the creditor is an entity mentioned in section 6(1) of this Act shall be construed, unless the context otherwise requires, as references to a person representing the entity.
(7)Subsections (5) to (10) of section 22 of this Act shall apply for the purposes of this section but as if—
(a)in subsection (5) the words “interim trustee or” were omitted;
(b)in subsection (7) for the words “interim” and “keep a record of it” there were substituted respectively the words “permanent” and “make an insertion relating thereto in the sederunt book”.
(8)At any private examination under subsection (5) above, a solicitor or counsel may act on behalf of the permanent trustee or he may appear himself.
Modifications etc. (not altering text)
C1S. 48 restricted (S.) (31.3.1996) by 1995 c. 20, s. 110(1), Sch. 4 para. 1(2); S.I. 1996/517, art. 3(2) (which 1995 c. 20 was repealed (1.4.1996) by 1995 c. 40, ss. 6, 7(2), Sch. 3 para. 16(3), Sch. 5 (with Sch. 3 paras. 1, 3))
S. 48 restricted (S.) (17.12.2001) by 2001 asp 13, s. 20, Sch. 6 para. 8(2) (with s. 29); S.S.I. 2001/456, art. 2
C2S. 48(5)(6)(8) applied (with modifications) by S.I. 1986/1915, Rules 4.16(1)(b), 7.9(4) and by Rule 2.41(2) (as substituted (15.9.2003) by The Insolvency (Scotland) Amendment Rules 2003 (S.I. 2003/2111), Rule 3, Sch. 1 Pt. 1)
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