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Bankruptcy (Scotland) Act 2016
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Changes to legislation:
Bankruptcy (Scotland) Act 2016, Section 34 is up to date with all changes known to be in force on or before 25 December 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
Changes to Legislation
Revised legislation carried on this site may not be fully up to date. Changes and effects are recorded by our editorial team in lists which can be found in the ‘Changes to Legislation’ area. Where those effects have yet to be applied to the text of the legislation by the editorial team they are also listed alongside the legislation in the affected provisions. Use the ‘more’ link to open the changes and effects relevant to the provision you are viewing.
Changes and effects yet to be applied to Section 34:
- s. 78(2)(a) words in s. 78(2) renumbered as s. 78(2)(a) by 2019 asp 4 s. 7(2)(a)
- s. 78(2)(b) and word inserted by 2019 asp 4 s. 7(2)(b)
- s. 88(1)(d) and word inserted by 2025 asp 3 sch. 2 para. 10(3)(b)
- s. 129ZA inserted by 2025 asp 3 sch. 2 para. 10(8)
Changes and effects yet to be applied to the whole Act associated Parts and Chapters:
Whole provisions yet to be inserted into this Act (including any effects on those provisions):
- s. 78(2)(a) words in s. 78(2) renumbered as s. 78(2)(a) by 2019 asp 4 s. 7(2)(a)
- s. 78(2)(b) and word inserted by 2019 asp 4 s. 7(2)(b)
- s. 88(1)(d) and word inserted by 2025 asp 3 sch. 2 para. 10(3)(b)
- s. 129ZA inserted by 2025 asp 3 sch. 2 para. 10(8)
34[F1Recall of sequestration where Accountant in Bankruptcy is not trustee]S
[F2(A1)This section applies where AiB is not the trustee.]
(1)AiB may recall an award of sequestration if—
(a)the trustee has notified AiB, in the statement submitted under section 32, that the debtor's debts have been paid in full [F3, including the payment in full of—
(i)any interest payable on the debtor’s debts (see section 37A),
(ii)the outlays and remuneration of the interim trustee and of the trustee,] and
(b)AiB is satisfied that in all the circumstances it is appropriate to do so.
[F4(1A)Before recalling an award of sequestration AiB must take into account any representations made by an interested person within 21 days beginning with the day on which notice is given under section 31(3)(b).]
(2)AiB may not recall an award of sequestration after—
(a)where no appeal in made under section 37(5)(a), the day which is [F59 weeks] after the day on which the statement was first submitted under section 32(3), or
(b)where such an appeal is made, such later day which is 14 days after the day on which the appeal is finally determined or abandoned.
(3)If AiB does not under subsection (1) recall an award of sequestration, the sequestration must continue but is to be subject to such conditions as AiB thinks fit.
(4)Without delay after granting recall under subsection (1), AiB must send a certified copy of the decision to the Keeper of the Register of Inhibitions for recording in that register.
Textual Amendments
F1S. 34 title substituted (25.6.2025) by Bankruptcy and Diligence (Scotland) Act 2024 (asp 9), ss. 4(6)(d), 22(2); S.S.I. 2025/107, reg. 2(2)(a) (with reg. 4)
F2S. 34(A1) inserted (25.6.2025) by Bankruptcy and Diligence (Scotland) Act 2024 (asp 9), ss. 4(6)(a), 22(2); S.S.I. 2025/107, reg. 2(2)(a) (with reg. 4)
F3S. 34(1)(a)(i)(ii) substituted for words (25.6.2025) by Bankruptcy and Diligence (Scotland) Act 2024 (asp 9), ss. 5(4), 22(2); S.S.I. 2025/107, reg. 2(2)(b)
F4S. 34(1A) inserted (25.6.2025) by Bankruptcy and Diligence (Scotland) Act 2024 (asp 9), ss. 4(6)(b), 22(2); S.S.I. 2025/107, reg. 2(2)(a) (with reg. 4)
F5Words in s. 34(2)(a) substituted (25.6.2025) by Bankruptcy and Diligence (Scotland) Act 2024 (asp 9), ss. 4(6)(c), 22(2); S.S.I. 2025/107, reg. 2(2)(a) (with reg. 4)
Commencement Information
I1S. 34 in force at 30.11.2016 by S.S.I. 2016/294, reg. 2
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