- Draft legislation
This is a draft item of legislation. This draft has since been made as a Scottish Statutory Instrument: The Protected Trust Deeds (Scotland) Regulations 2013 No. 318
22. The trustee under a protected trust deed must retain the following documents (or copies of those documents) for a period of at least 12 months after the date of the trustee’s discharge under regulation 25—
(a)the trust deed;
(b)the statement mentioned in regulation 7(3)(c);
(c)the notice mentioned in regulation 9;
(d)the statement mentioned in regulation 10(1)(d);
(e)all statements of objection or accession received from creditors;
(f)the statement of anticipated realisations mentioned in regulation 10(1)(e);
(g)any written agreement relating to the debtor’s heritable estate mentioned in regulation 15(2);
(h)all reports sent under regulation 21(2);
(i)any adjudication on a creditor’s claim;
(j)any scheme of division among creditors;
(k)any circular sent to creditors with accounts;
(l)the debtor’s discharge from the trust deed in Form 5;
(m)the application to creditors for the trustee’s discharge;
(n)the statement of realisation and distribution mentioned in regulation 25(7)(b);
(o)any decree, interlocutory decree, direction or order relating to the administration of the trust which is granted by the court;
(p)any other document relating to the administration of the trust if it is a document which the Accountant, by notice to the trustee prior to the trustee’s discharge, identifies as a document the trustee should retain.
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