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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


3.1 Notice in Register of Insolvencies

After the debtor has delivered the trust deed to the trustee, the trustee must, without delay, submit to AiB, preferably utilising the electronic portal system (ASTRA), a completed Form 1 notice, as recorded in the Schedule to the Protected Trust Deeds (Forms) (Scotland) Regulations 2016, to be published by registration in the ROI.

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