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SCHEDULES

SCHEDULE 4U.K. Discharge on Composition

7(1)The sheriff shall, on the receipt by him of the documents mentioned in paragraph 6 of this Schedule, fix a date and time for a hearing to consider whether or not to approve the offer of composition.S

(2)The permanent trustee shall then send to every creditor known to him a notice in writing stating—

(a)that he has determined that the creditors have accepted the offer of composition;

(b)that a hearing has been fixed by the sheriff to consider whether or not to approve the offer;

(c)the place, date and time of the hearing; and

(d)that the recipient of the notice may make representations at the hearing as to whether or not the offer of composition should be approved.