# The Insolvency (Scotland) Rules 1986, Schedule 4: PUNISHMENT OF OFFENCES UNDER THE RULES


Note: In the fourth and fifth columns of this Schedule, “the statutory maximum” means the prescribed sum under section 289B(6) of the Criminal Procedure (Scotland) Act 1975 (c.21).
Rule creating offence
General nature of offence
Mode of prosecution
Punishment
Daily default fine (where applicable)
In Part 1, Rule 1.24
False representation or fraud for purpose of obtaining members' or creditors' consent to proposal for voluntary arrangement
1. On indictment
7 years or a fine, or both
2. Summary
6 months or the statutory maximum, or both
In Part 2, Rule 2.17(4)
Administrator failing to send notification as to progress of administration
Summary
One-fifth of the statutory maximum
One-fiftieth of the statutory maximum
In Part 3, Rule 3.9(5)
Receiver failing to send notification as to progress of receivership
Summary
One-fifth of the statutory maximum
One-fiftieth of the statutory maximum

---
Source: https://www.legislation.gov.uk/uksi/1986/1915/schedule/4 (the official version)
Page: https://openlegislation.uk/insolvency-scotland-rules-1986/schedule-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.