The Bankruptcy (Applications and Decisions) (Scotland) Regulations 2014

Appointment of replacement trustee

10.—(1) A report to the Accountant under section 25(2)(a) of the Act(1) of a statutory meeting appointing a replacement trustee must be made in writing in Form 4.

(2) If the Accountant declares an elected person to be trustee under section 25(5) of the Act, the Accountant must send a copy of the decision to the original trustee and the replacement trustee.

(3) Where the Accountant gives an opportunity to make representations under section 25A(2) of the Act (on receiving an objection), the Accountant must—

(a) notify the original and replacement trustees, the objector and any other interested person; and

(b) advise those persons that written submissions under section 25A(2) must be made before the expiry of the period of 14 days beginning with the date on which the notification was given.

(4) The Accountant must notify the original and replacement trustees, the objector and any other interested person of any declaration or order under section 25A(3) of the Act.

(1)

Sections 25, 25A and 25B are substituted by section 28(1) of the 2014 Act.