Bankruptcy and Diligence etc. (Scotland) Act 2007 (asp 3)

Part 1 S Bankruptcy

Status and powers of Accountant in Bankruptcy S

22 Status of Accountant in Bankruptcy as officer of the court S

In section 1 of the 1985 Act (Accountant in Bankruptcy), after subsection (1), insert—

“(1A) The Accountant in Bankruptcy shall be an officer of the court.”.

23 Accountant in Bankruptcy's power to investigate trustees under protected trust deeds S

(1) In Schedule 5 to the 1985 Act (voluntary trust deeds for creditors), after paragraph 1, insert—

Accountant in Bankruptcy's power to carry out audit

1A The Accountant in Bankruptcy may, at any time, audit the trustee's accounts and fix his remuneration.”.

(2) In section 1A(1)(a) of that Act (supervision of persons by the Accountant in Bankruptcy), after sub-paragraph (ii), insert—

“(iia) trustees under protected trust deeds;”.