Repayment of fees - failure of protected trust deed
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12. Any fee charged by the Accountant in Bankruptcy under item 17(b) of Part 2 of the Table of Fees in Schedule 1 for a 12 month period of supervision (or part of such a period) must be repaid if—
(a)the debtor who granted the protected trust deed fails to meet the debtor’s obligations for the purpose of regulation 19(1)(a) of the Protected Trust Deeds (Scotland) Regulations 2008(1); and
(b)the trustee under that trust deed is discharged during the 12 month period.
(1)
S.S.I. 2008/143, amended by S.S.I. 2010/398.