The Protected Trust Deeds (Scotland) Amendment Regulations 2016

Amendment of forms for trust deeds executed on or after 28th November 2013 but before 30th November 2016

2.—(1) The Protected Trust Deeds (Scotland) Regulations 2013(1) 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 forms(2), 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)(3);

(ii) Form 5 (application for discharge of debtor);

(iii) Form 6 (application to creditors for discharge of the trustee of a protected trust deed)(4); and

(iv) Form 7 (trustee statement of realisation and distribution of estate under a protected trust deed)(5),

substitute respectively Forms 4, 5, 6 and 7 set out in the schedule to these Regulations.

(1)

S.S.I. 2013/318, as amended by S.S.I. 2014/290 and S.S.I. 2015/149 and revoked by schedule 9, Part 2 of the 2016 Act, subject to savings in section 234(3)(a)(ii) of the Act.

(2)

The table of forms was amended by S.S.I. 2014/290.

(3)

Form 4 was substituted by S.S.I. 2015/149.

(4)

Form 6 was substituted by S.S.I. 2014/290.

(5)

Form 7 was substituted by S.S.I. 2014/290.