Citation and commencement

1. These Regulations may be cited as the Bankruptcy Fees (Scotland) Amendment Regulations 2011 and come into force on 1st April 2011.

Amendment of the Bankruptcy Fees (Scotland) Regulations 1993

2. In Part II of the Schedule to the Bankruptcy Fees (Scotland) Regulations 1993(2)-

(a)in item 20 (for lodging any unclaimed dividend in an appropriate bank or institution set aside for payment to a creditor or creditors, in respect of each creditor on consignation)-

(i)in Column 2, for "£13.00" substitute "£26.00"; and

(ii)in Column 3, for "£12.00" substitute "£13.00";

(b)in item 21 (for uplifting any sum lodged in an appropriate bank or institution, in respect of each creditor on consignation)-

(i)in Column 1, for "sum lodged in an appropriate bank or institution, in respect of each creditor on consignation" substitute-

"unclaimed dividend consigned in an appropriate bank or institution, in respect of each creditor";

(ii)in Column 2, for "£13.00" substitute "£26.00"; and

(iii)in Column 3, for "£12.00" substitute "£13.00".

EXPLANATORY NOTE

(This note is not part of the Regulations)

These Regulations amend the Bankruptcy Fees (Scotland) Regulations 1993 to prescribe amended fees payable to the Accountant in Bankruptcy in respect of the exercise of certain of the Accountant in Bankruptcy's functions under the Bankruptcy (Scotland) Act 1985.

In particular, the Regulations increase the fees for consigning unclaimed dividends and for uplifting consigned sums.