The following information is for use by trustees of trust deeds and also creditors and debtors who want to know more about the process. All related guidance, including publications and legislation required for trust deeds are listed below.
Guidance
Notes for guidance
Publications
Legislation
Regulations
Forms
Astra release notes
Guidance
Common Financial Tool (CFT) Guidance
ASTRA user guide for registered creditors
Stakeholder Newsletter
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Notes for Guidance
This section provides the protected trust deeds Notes for Guidance for trustees post bankruptcy reform - 1 April 2008, the protected trust deeds Notes for Guidance for the regulations introduced with effect from 28 November 2013 - 29 November 2016 and the protected trust deeds Notes for Guidance from 30 November 2016.
- PTD Notes for Guidance for trustees (On or after 30 November 2016)
- PTD Notes for Guidance for trustees (with effect 1 April 2015 - 29 November 2016)
- PTD Notes for Guidance for trustees (with effect from 28 November 2013 to 31 March 2015)
- PTD Notes for Guidance for trustees (with effect from 1 April 2008 to 27 November 2013)
Sensitivity Obligation - Public registers
Trust Deed Publications
Trust Deed Guide From 30 November 2016
Trust Deed Guide 1 April 2008 - 27 November 2013
Trust Deed Guide From 28 November 2013
Each guide may also avalaible in alternative languagues. Please email AiB Facilities management to request a translation.
Other Publications
Debt Advice and Information Package
Legislation
Bankruptcy (Scotland) Act 2016
The Protected Trust Deeds (Forms) (Scotland) Regulations 2016
Protected Trust Deeds (Scotland) Regulations 2013
Protected Trust Deeds (Scotland) Amendment Regulations 2010
Protected Trust Deeds (Scotland) Regulations 2008
Regulations
Common Financial Tool etc. (Scotland) Amendment Regulations 2015
Common Financial Tool etc. (Scotland) Regulations 2014
Forms
All forms required for a trust deed from 30 November 2016 are listed below:
- Form 1 - Notice to register insolvencies by Trustee under trust deed for the benefit of creditors
- Form 1A – Consents required for exclusion of a secured creditor from a Protected Trust Deed
- Form 1B - Agreement in respect of heritable property
- Form 2 – Statement of claim by creditor in a trust deed
- Form 2A - Income and Expenditure
- Form 3 - Trust deed protection proposal and application
- Form 4 – Statement of Status of a Protected Trust Deed
- Form 4A - Employees payment instruction to employer
- Form 4B - Trustees payment instruction to employer
- Form 4C - Payment variation instruction to employer
- Form 5 – Application for discharge of debtor
- Form 6 – Application of Discharge of Trustee
- Form 7 – Statement of realisation and distribution of Estate
Forms required for trust deeds before 30 November 2016
Forms required for trust deeds before 1 April 2015
Astra release notes