Notes for Guidance - Protected Trust Deeds - Bankruptcy (Scotland) Act 2016

This guidance describes the general functions of the Accountant in Bankruptcy and trustees in relation to their responsibilities regarding protected trust deeds (PTDs) which were granted on or after 30 November 2016.

It also contains details of the legislation that applies to PTDs and provides details for trustees and their third party agents, of the processes and procedures that the Accountant in Bankruptcy considers should be applied during the administration of PTDs.

This guidance was first published on 30 November 2016.