The Protected Trust Deeds (Scotland) Regulations 2008

  1. Introductory Text

  2. 1.Citation and commencement

  3. 2.Interpretation

  4. 3.Protected trust deed

  5. 4.The debtor

  6. 5.Qualifications of trustee

  7. 6.Statement of trustee and debtor

  8. 7.Notice in the Edinburgh Gazette

  9. 8.Documents to be sent to creditors

  10. 9.Accession by creditors to the trust deed

  11. 10.Registration of protected status

  12. 11.Effect of protected status

  13. 12.Petition by qualified creditor

  14. 13.Creditors not acceding to protected trust deed

  15. 14.Power of court on application under regulation 13

  16. 15.Directions to trustee by Accountant

  17. 16.Retention of documents by trustee

  18. 17.The administration of the trust deed

  19. 18.Remuneration payable to trustee

  20. 19.Discharge of the debtor

  21. 20.Student loans not discharged

  22. 21.Discharge of trustee

  23. 22.Action after discharge of trust

  24. 23.Appeals

  25. 24.Directions of the sheriff

  26. 25.Forms

  27. 26.Savings

  28. Signature

    1. SCHEDULE 1

      FORMS

        FORM 1

        NOTICE IN EDINBURGH GAZETTE BY TRUSTEE UNDER A TRUST DEED FOR THE BENEFIT OF CREDITORS

        FORM 2

        STATEMENT OF CLAIM BY CREDITOR IN TRUST DEED

        FORM 3

        TRUSTEE’S STATEMENT OF ANTICIPATED REALISATIONS FROM A PROTECTED TRUST DEED

        FORM 4

        TRUSTEE’S STATEMENT OF STATUS OF A PROTECTED TRUST DEED

        FORM 5

        LETTER OF DISCHARGE OF DEBTOR

        FORM 6

        APPLICATION TO CREDITORS FOR DISCHARGE OF THE TRUSTEE OF A PROTECTED TRUST DEED

        FORM 7

        TRUSTEE’S STATEMENT OF REALISATION AND DISTRIBUTION OF ESTATE UNDER A PROTECTED TRUST DEED

    2. SCHEDULE 2

      DOCUMENTS TO BE RETAINED BY TRUSTEE

      1. 1.The trust deed.

      2. 2.The statement (signed by the trustee and the debtor) referred...

      3. 3.The notice referred to in regulation 7.

      4. 4.The statement of the debtor’s affairs referred to in regulation...

      5. 5.Copies of any statements of objection or accession received from...

      6. 6.A copy of the statement of anticipated realisations referred to...

      7. 7.A copy of any statement of status referred to in...

      8. 8.Any adjudication on claims by creditors.

      9. 9.Any scheme of division amongst creditors.

      10. 10.Any circular sent to creditors with accounts.

      11. 11.Form of the debtor’s discharge from the trust deed.

      12. 12.Any form sent to creditors requesting the trustee’s discharge.

      13. 13.A copy of the statement of realisations referred to in...

  30. Explanatory Note