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Act of Sederunt (Judicial Factors Rules) 1992

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Applications under section 2(3) of the Trusts (Scotland) Act 1961

16.—(1) An application under section 2(3) of the Trusts (Scotland) Act 1961(1) to the Accountant for his consent to the doing of an act to which that section applies shall be made by letter and shall be supported by such information as the Accountant may require.

(2) Any person to whom intimation requires to be given in accordance with paragraphs (3) and (4) of this rule shall have the right to object to the application by lodging any objections with the Accountant, and intimating a copy thereof to the factor, within 28 days of the date on which the intimation was given.

(3) On the day on which he makes application or as soon as possible thereafter, the factor shall give intimation thereof to—

(a)the cautioner of the factor;

(b)the applicant for the appointment of the factor;

(c)the ward, unless the circumstances of the ward are such that would warrant dispensing with service on him of a petition for the appointment of his factor;

(d)the persons upon whom the application for appointment of the factor was served and whose whereabouts are known to the factor; and

(e)all other persons who have an interest in the estate and whose identity and where abouts are known to the factor.

(4) Intimation under paragraph (3) of this rule shall be given by posting by registered or recorded delivery post or the nearest equivalent which the available postal service permits—

(a)a copy of the letter of application; and

(b)a notice setting out—

(i)the right of the person receiving the notice to object to the application in the manner provided in paragraph (2) of this rule; and

(ii)that, in the absence of any such objection, the Accountant may consent to the application.

(5) The factor shall, on giving intimation under paragraph (3) of this rule, send to the Accountant a duly completed execution of service with a copy of the notice sent attached to it.

(1)

1961, c. 57; sub-section (3) was inserted by section 8 of the Law Reform (Miscellaneous Provisions) (Scotland) Act 1980 (c. 55).

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