The Accountant of Court

Hadrian House Falkirk

    The Accountant of Court is a court appointed officer who:

    * Supervises individuals appointed  as Judicial Factors or Administrators by the Court to manage estates under the Judicial Factors Act 1849 and the Proceeds of Crime (Scotland) Act 1995.

    * Administers or supervises the administration of property belonging to children under the age of 16 years as required by the Children (Scotland) Act 1995.  

    * Manages funds consigned with the Accountant of Court in accordance with a Court of Session interlocutor or in the process of liquidation proceedings. The Accountant of Court ensures that all funds and property managed or supervised is invested prudently and administered properly.

    Bond of Caution Update - 20/03/19

    The Accountant of Court would like to advise that, as of March 2019, a number of new companies will be offering Bonds of Caution in Judicial Factory and Proceeds of Crime cases. These companies will be offering a full range of Bonds of Caution for all new Judicial Factory or Proceeds of Crime cases as well as renewals in any existing cases.

    This brings the total number of providers currently offering new Bonds of Caution to three. The current providers are:- 

    • Aviva – Marsh
    • Insolvency Risk Specialists
    • Royal & Sun Alliance

    Should you wish to apply for a Bond of Caution with any of these companies then the contact details for all three can be found here.

    It should be noted that further providers may be entering the market in due course and Judicial Factors/Administrators are advised to periodically refer back to our news section for any future updates.