SCHEDULES

SCHEDULE 11 Transitional Provisions and Savings

Part II Individual Insolvency

Discharge from old bankruptcy

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(1)

Where a person—

(a)

was adjudged bankrupt before the appointed day or is adjudged bankrupt on or after that day on a petition presented before that day, and

(b)

that person was not an undischarged bankrupt at any time in the period of 15 years ending with the adjudication,

that person is deemed (if not previously discharged) to be discharged from his bankruptcy for the purposes of the M1Bankruptcy Act 1914 at the end of the discharge period.

(2)

Subject to sub-paragraph (3) below, the discharge period for the purposes of this paragraph is—

(a)

in the case of a person adjudged bankrupt before the appointed day, the period of 3 years beginning with that day, and

(b)

in the case of a person who is adjudged bankrupt on or after that day on a petition presented before that day, the period of 3 years beginning with the date of the adjudication.

(3)

Where the court exercising jurisdiction in relation to a bankruptcy to which this paragraph applies is satisfied, on the application of the official receiver, that the bankrupt has failed, or is failing, to comply with any of his obligations under the Bankruptcy Act 1914, any rules made under that Act or any such rules as are mentioned in paragraph 19(1) below, the court may order that the discharge period shall cease to run for such period, or until the fulfilment of such conditions (including a condition requiring the court to be satisfied as to any matter) as may be specified in the order.