SCHEDULE 19 Duration of Bankruptcy: Transitional Provisions
Enterprise Act 2002 (2002 c 40) | Legislation

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 (c 45) (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)

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