Bankruptcy and Diligence etc. (Scotland) Act 2007 Explanatory Notes

Protected trust deeds
Section 20 – Modification of provisions relating to protected trust deeds

78.This section amends Schedule 5 to the 1985 Act to provide the Scottish Ministers with a regulation-making power setting out what conditions are required in order for a trust deed to become protected and the extent to which a debtor may be discharged, by virtue of a protected trust deed from all or part of his or her liabilities.

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