The Bankruptcy Fees etc. (Scotland) Regulations 2012

Fees and outlays as interim trustee or trustee

This section has no associated Executive Note

4.  The outlays payable to the Accountant in Bankruptcy in respect of the exercise by, or on behalf of, that office, of its functions as interim trustee or trustee in a sequestration are those outlays actually, necessarily and reasonably incurred in respect of the exercise of any of those functions and include, but are not limited to, outlays so incurred in respect of—

(a)the publication of notices in the Edinburgh Gazette;

(b)the making of searches in any public register;

(c)the valuation of property;

(d)legal services and related expenses;

(e)estate agency services;

(f)the services of auctioneers and valuers;

(g)services related to taxation matters;

(h)travel and subsistence expenses; and

(i)the payment by the Accountant in Bankruptcy under section 1B(4) of the 1985 Act(1) of a fee to a person appointed under section 1B(2) of that Act to perform any of the functions of the Accountant in Bankruptcy as interim trustee or trustee.

(1)

Section 1B was inserted by section 1 of the Bankruptcy (Scotland) Act 1993.