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

SCHEDULE 1 Minor and consequential amendments of the 1985 Act

18 In section 20 (trustee’s duty to send information to Accountant in Bankruptcy before statutory meeting)—

(a) in subsection (2)—

(i) after “meeting” insert “or, where the trustee does not intend to hold such a meeting, not later than 60 days after the date on which sequestration is awarded,”;

(ii) in paragraph (a), after “liabilities” insert “(unless the statement has already been received by the Accountant in Bankruptcy by virtue of section 5(6A) of this Act)”; and

(iii) in paragraph (b), at the beginning insert “subject to subsection (2A) below,” and

(b) after that subsection insert—

“(2A) The trustee need not send a statement of the debtor’s affairs to the Accountant in Bankruptcy in accordance with subsection (2)(b) above if the trustee has sent a copy of the inventory and valuation to the Accountant in Bankruptcy in accordance with section 38(1)(c) of this Act.”.