http://www.legislation.gov.uk/ssi/2018/347/schedule/3The Insolvency (Scotland) (Receivership and Winding up) Rules 2018texttext/xmlenStatute Law DatabaseINSOLVENCY;COMPANIES2024-05-15Expert Participation2021-10-01 These Rules set out the detailed procedures for the conduct of receivership and winding up proceedings in Scotland under the Insolvency Act 1986 (“the Act”). The Rules accordingly give effect, for Scotland, to Parts 3 to 7 of the Act and to EU Regulation No 2015/848 of 20 May 2015 on insolvency proceedings (“the EU Regulation”). SCHEDULE 3 Introductory rule 5

Rule creating offence	General nature of the offence	Mode of prosecution	Maximum penalty	Daily default fine (if applicable)
1.51(1)	Falsely claiming to be a person entitled to inspect a document with the intention of gaining sight of it.	1. On indictment.	2 years' imprisonment, or a fine, or both.	Not applicable.
		2. Summary.	12 months' imprisonment, or a fine not exceeding the statutory maximum, or both.
2.16(7)	Receiver failing to deliver required accounts summary of receipts and payments.	Summary.	Level 3 on the standard scale.	One tenth of level 3 on the standard scale.
4.14(13)	Directors failing to seek a decision on the nomination of a liquidator	1. On indictment.	1 A fine	Not applicable
		2. Summary.	2. A fine not exceeding the statutory maximum.
7.17	Producing false evidence; failing to report false evidence	1. On indictment	2 years' imprisonment, or a fine, or both.	Not applicable
		2. Summary	12 months' imprisonment, or a fine not exceeding the statutory maximum, or both.
7.18(7)	Failing to comply with an order requiring attendance for private examination	Summary	3 months' imprisonment; a fine not exceeding level 5 on the standard scale, or both.	Not applicable