Draft Regulations laid before the Scottish Parliament under section 72(2) of the Bankruptcy (Scotland) Act 1985 for approval by resolution of the Scottish Parliament.
2016 No.
The Protected Trust Deeds (Scotland) Amendment Regulations 2016
Made
Coming into force
The Scottish Ministers make the following Regulations in exercise of the powers conferred by sections 72(1A) and paragraph 5 of schedule 5 of the Bankruptcy (Scotland) Act 19851 and all other powers enabling them to do so.
In accordance with sections 72(2) of that Act2, a draft of this instrument has been laid before and approved by resolution of the Scottish Parliament.
Citation and commencement1
These Regulations may be cited as the Protected Trust Deeds (Scotland) Amendment Regulations 2016 and come into force on 30th November 2016.
Amendment of forms for trust deeds executed on or after 28th November 2013 but before 30th November 20162
1
The Protected Trust Deeds (Scotland) Regulations 20133 are amended as follows.
2
In the schedule (forms to be used in connection with protected trust deeds)—
a
in column 2 of the table of forms4, for the entry for Form 4 substitute “Trustee’s annual statement report on protected trust deed management”; and
b
for—
i
Form 4 (trustee’s statement of status of a protected trust deed)5;
ii
Form 5 (application for discharge of debtor);
iii
Form 6 (application to creditors for discharge of the trustee of a protected trust deed)6; and
iv
Form 7 (trustee statement of realisation and distribution of estate under a protected trust deed)7,
substitute respectively Forms 4, 5, 6 and 7 set out in the schedule to these Regulations.
SCHEDULEForms to be used in connection with protected trust deeds
(This note is not part of the Regulations)