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Version status: Partly in force | Document consolidation status: Updated to reflect all known changes
Version date: 1 April 2004 - onwards
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Schedule 19 Duration of bankruptcy: transitional provisions

Section 256

Introduction

1 This Schedule applies to an individual who immediately before commencement -

(a) has been adjudged bankrupt, and

(b) has not been discharged from the bankruptcy.

2 In this Schedule -

"commencement" means the date appointed under section 279 for the commencement of section 256, and

"pre-commencement bankrupt" means an individual to whom this Schedule applies.

Neither old law nor new law to apply

3 Section 279 of the Insolvency Act 1986 (bankruptcy: discharge) shall not apply to a pre-commencement bankrupt (whether in its pre-commencement or its post-commencement form).

General rule for discharge from pre-commencement bankruptcy

4

(1) A pre-commencement bankrupt is, subject to sub-paragraphs (2) and (3), discharged from bankruptcy at whichever is the earlier of-

(a) the end of the period of one year beginning with commencement, and

(b) the end of the relevant period applicable to the bankrupt under section 279(1)(b) of the Insolvency Act 1986 (duration of b

Comparing proposed amendment...