(1)Where a debtor learns, whether before or after the date of sequestration, that the debtor may derive benefit from another estate, the debtor must as soon as practicable after that date inform—
(a)the trustee in the sequestration, of that fact, and
(b)the person who is administering that other estate, of the sequestration.
(2)A debtor who fails to comply with subsection (1) commits an offence.
(3)A debtor who commits an offence under subsection (2) is liable, on summary conviction, to a fine not exceeding level 5 on the standard scale.
Commencement Information
I1S. 28 in force at 30.11.2016 by S.S.I. 2016/294, reg. 2