# The Insolvency (Scotland) Rules 1986, Rule 4.16: Application of the Bankruptcy Act


(1) Subject to the provisions in this Chapter, the following provisions of the Bankruptcy Act shall apply in relation to a liquidation of a company in like manner as they apply in a sequestration of a debtor's estate, subject to the modifications specified in paragraph (2) and to any other necessary modifications:-
(a) section 22(5) and (10) (criminal offence in relation to producing false claims or evidence);
(b) section 48(5), (6) and (8), together with sections 44(2) and (3) and 47(1) as applied by those sections (further evidence in relation to claims);
(c) section 49 (adjudication of claim);
(d) section 50 (entitlement to vote and draw dividend);
(e) section 60 (liabilities and rights of co-obligants); and
(f) Schedule 1 except paragraphs 2, 4 and 6 (determination of amount of creditor's claim).
(2) For any reference in the provisions of the Bankruptcy Act, as applied by these Rules, to any expression in column 1 below, there shall be substituted a reference to the expression in column 2 opposite thereto -
Column 1
Column 2
Interim trustee
Liquidator
Permanent trustee
Liquidator
Sequestration
Liquidation
Date of sequestration
Date of commencement of winding up within the meaning of section 129
Debtor
Company
Debtor's assets
Company's assets
Accountant in Bankruptcy
The court
Commissioners
Liquidation committee
Sheriff
The court
Preferred debts
Preferential debts within the meaning of section 386

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Source: https://www.legislation.gov.uk/uksi/1986/1915/rule/4.16 (the official version)
Page: https://openlegislation.uk/insolvency-scotland-rules-1986/rule-4.16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.