The Insolvency Service and the Accountant in Bankruptcy have been working on a project to modernise and consolidate the corporate insolvency rules in Scotland, following a similar project in England and Wales which produced the Insolvency (England and Wales) Rules 2016.
Given the devolution position the new rules will be made up of two instruments:
Both sets of rules will commence on 6 April 2019.
The CVA and Administration Rules were laid on 22 October and a link to the instrument can be accessed here. The aim is that the Receivership and Winding up Rules will be laid in the Scottish parliament in November.