Wednesday 22 March 2017

Govan Law Centre's evidence to the Economy Committee on the draft Bankruptcy Fees (Scotland) Order 2017

Mike Dailly, David Menzies (ICAS), Alan McIntosh
On Tuesday 21 March 2017, representatives of Govan Law Centre gave evidence to the Scottish parliament's Economy, Jobs and Fair Work Committee on the draft Bankruptcy Fees (Scotland) Order 2017, along with the Institute of Chartered Accountants in Scotland.

We were all in agreement that the proposed regulations were ill-advised, unfair and should be rejected pending a full review of how the Accountant in Bankruptcy is funded, and operates, particularly in relation to duplicate or unnecessary roles, and conflicts of interest.

You can watch a video of the Committee hearing here (which also includes evidence from the AiB, and the Minister for Business, Innovation and Skills). It is understood the Committee has deferred consideration of the draft Order until next week.