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SCHEDULES

SCHEDULE 4U.K. Discharge on Composition

4SWhere a recommendation is made that the offer of composition should be placed before the creditors, the F1. . . trustee shall—

(a)intimate the recommendation to the debtor and record it in the sederunt book;

(b)publish in the Edinburgh Gazette a notice stating that an offer of composition has been made and where its terms may be inspected;

[F2(c)not later than 1 week after the date of publication of such notice, send to every creditor known to him—

(i)a copy of the terms of offer; and

(ii)such other information as may be prescribed.]

Textual Amendments

F1Word in Sch. 4 para. 4 repealed (1.4.2008) by Bankruptcy and Diligence etc. (Scotland) Act 2007 (asp 3), ss. 226, 227(3), Sch. 6 Pt. 1 (with s. 223); S.S.I. 2008/115, art. 3(2)(3), Sch. 2 (with arts. 4-6, 10 (as amended (with effect from 31.1.2011) by S.S.I. 2011/31, art. 5))

F2Sch. 4 para. 4(c) substituted (1.4.2008 for certain purposes, otherwise prosp.) for Sch. 4 paras. 4(c)(d) by Bankruptcy and Diligence etc. (Scotland) Act 2007 (asp 3), ss. 21(3), 227(3) (with s. 223); S.S.I 2008/115, {art. 3(4)}, Sch. 3 (with arts. 4-6, 10 (as amended (with effect from 31.1.2011) by S.S.I. 2011/31, art. 5))