SCHEDULES

SCHEDULE 9U.K.Abolition of requirements to hold meetings; opted-out creditors

PART 2 U.K.Individual insolvency

BankruptcyU.K.

83(1)Section 331 (final meeting) is amended as follows.U.K.

(2)For subsection (2) substitute—

(2)The trustee must give the bankrupt's creditors (other than opted-out creditors) notice that it appears to the trustee that the administration of the bankrupt's estate is for practical purposes complete.

(2A)The notice must—

(a)be accompanied by a report of the trustee's administration of the bankrupt's estate;

(b)explain the effect of section 299(3)(d) and how the creditors may object to the trustee's release.

(3)Omit subsections (3) and (4).

(4)In the heading, for “meeting” substitute “ report ”.

Commencement Information

I1Sch. 9 para. 83 in force at 26.5.2015 for specified purposes by S.I. 2015/1329, reg. 3(d)

I2Sch. 9 para. 83 in force at 6.4.2017 for E.W. in so far as not already in force by S.I. 2016/1020, reg. 4(e) (with reg. 5) (as amended by S.I. 2017/363, reg. 3)