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Bankruptcy and Diligence etc. (Scotland) Act 2007

New section 56K – Effect of discharge on approval of offer of composition

20.Section 56K provides for the continuation of a BRO or BRU if a debtor obtains a discharge by way of an offer of composition.

21.Section 2(2) of this Act amends section 1A(1)(b) of the 1985 Act with the effect that the AiB is placed under a duty to include BRUs and BROs in the register of insolvencies.

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