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

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


1.6 Supervision of trustees under PTDs

The supervisory authority of the Accountant is set out in section 200 of the 2016 Act.  The supervisory functions include the supervision of the performance by trustees under PTDs of the functions conferred on them by the 2016 Act.

Details of the Accountant’s supervisory role are set out in section 7.

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