Skip to content
Solved
SearchBrowse
Sign in

Contents

Official guidance
Debt Management and Banking Manual

DMBM671810 · Scotland - Summary Warrant: Effect of insolvency on summary warrant actions

  • DMBM671820 · Scotland - Summary Warrant: Insolvency on diligence
  • DMBM671830 · Scotland - Summary Warrant: Company Administration Order
  • DMBM671840 · Scotland - Summary Warrant: Claims for costs in sequestration cases
  • DMBM671850 · Scotland - Summary Warrant: Claims for costs in sequestration cases where summary warrant granted but arrestment has yet to be executed
  • DMBM671860 · Scotland - Summary Warrant: Claims for costs in sequestration cases where an arrestment has been executed
  • DMBM671870 · Scotland - Summary Warrant: Claims for costs in sequestration cases
  • DMBM671880 · Scotland - Summary Warrant: Claims for costs in insolvency cases
  • DMBM671890 · Scotland - Summary Warrant: Claims for costs in receiverships
  1. Scotland - Summary Warrant: Effect of insolvency on summary warrant actions: Contents
  2. Scotland - Summary Warrant: Claims for costs in sequestration cases where an arrestment has been executed

DMBM671860 | Scotland - Summary Warrant: Claims for costs in sequestration cases where an arrestment has been executed

From HM Revenue & Customs · Debt Management and Banking Manual

Some content of this manual is being considered for archiving. If there is content you use regularly, please email [email protected] to let us know as soon as possible.

Where the sheriff officer has laid either an ordinary arrestment or an earning sarrestment you will have a claim for the costs of your diligence.

However, because any diligence executed within the period of 60 days before the date of sequestration is ineffectual, you must after deducting the expenses of your diligence, hand over the net proceeds of any action of furthcoming to the Permanent Trustee.

The exception to this being that even although you have executed your diligence within the “60 days before sequestration” period you are not required to pay over to the Permanent Trustee any of the monies received as a result of a mandate signed by the defender following an arrestment. (See DMBM676650).

PreviousNext
PrivacyTerms