S. 56 in force at 30.11.2016 by S.S.I. 2016/294, reg. 2

http://www.legislation.gov.uk/asp/2016/21/section/56/2019-07-23Bankruptcy (Scotland) Act 2016An Act of the Scottish Parliament to consolidate the Bankruptcy (Scotland) Act 1985, the Bankruptcy (Scotland) Act 1993, Part 1 of the Bankruptcy and Diligence etc. (Scotland) Act 2007, Part 2 of the Home Owner and Debtor Protection (Scotland) Act 2010, the Bankruptcy and Debt Advice (Scotland) Act 2014, the Protected Trust Deeds (Scotland) Regulations 2013 and related enactments.texttext/xmlenStatute Law Database2025-07-13Expert Participation2019-07-23Bankruptcy (Scotland) Act 2016s. 78(2)(a)Damages (Investment Returns and Periodical Payments) (Scotland) Act 2019s. 7(2)(a)s. 9(2)Bankruptcy (Scotland) Act 2016s. 78(2)(b) and wordDamages (Investment Returns and Periodical Payments) (Scotland) Act 2019s. 7(2)(b)s. 9(2)Bankruptcy (Scotland) Act 2016s. 88(1)(d) and wordJudicial Factors (Scotland) Act 2025sch. 2 para. 10(3)(b)s. 54(2)Bankruptcy (Scotland) Act 2016s. 129ZAJudicial Factors (Scotland) Act 2025sch. 2 para. 10(8)s. 54(2)Bankruptcy (Scotland) Act 2016Sch. 3 para. 10(2)(za)Employment Rights Act 2025Sch. 2 para. 31(a)s. 159(3)PART 4Trustees and commissionersInterim trustees
56Termination of interim trustee's functions where not appointed trustee(1)

This section applies where an interim trustee (not being AiB) is appointed under section 54(1) and the sheriff—

(a)

awards sequestration and appoints another person as trustee under subsection (5) or (7) of section 51, or

(b)

refuses to award sequestration.

(2)

Where the sheriff awards sequestration and appoints another person as trustee in the sequestration, the interim trustee—

(a)

must hand over to the other person everything in the interim trustee's possession which relates to the sequestration, and

(b)

on that being done, must cease to act in the sequestration.

(3)

The sheriff may make such order in relation to liability for the outlays and remuneration of the interim trustee as may be appropriate.

(4)

Within 3 months after the sheriff awards, or refuses to award, sequestration the interim trustee must—

(a)

submit to AiB—

(i)

the interim trustee's accounts for intromissions (if any) with the debtor's estate,

(ii)

a claim for outlays reasonably incurred by the interim trustee, and

(iii)

a claim for remuneration for work reasonably undertaken by the interim trustee, and

(b)

send a copy of the interim trustee's accounts and claims to—

(i)

the debtor,

(ii)

the petitioner, and

(iii)

in a case where sequestration is awarded, the trustee and all creditors known to the interim trustee.

(5)

On a submission being made under subsection (4)(a), AiB must—

(a)

audit the accounts,

(b)

issue a determination fixing the amount of the outlays and remuneration payable to the interim trustee,

(c)

send a copy of the determination to—

(i)

the interim trustee, and

(ii)

the persons mentioned in subsection (4)(b), and

(d)

where a trustee (not being AiB) is appointed in the sequestration, send a copy of the audited accounts and of the determination to the trustee.

(6)

On receiving a copy of the determination sent under subsection (5)(c)(i), the interim trustee may apply to AiB for a certificate of discharge.

(7)

The grant of a certificate of discharge under this section by AiB has the effect of discharging the interim trustee from all liability (other than any liability arising from fraud)—

(a)

to the debtor,

(b)

to the petitioner, or

(c)

to the creditors,

in respect of any act or omission of the interim trustee in exercising the functions conferred on the interim trustee by this Act.