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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


5.4 Unfair preferences etc

The trustee under a PTD or the creditor of a debtor, who has granted a trust deed which has become protected, is entitled to challenge an unfair preference, a capital sum on divorce or a gratuitous alienation under the same rules applying to bankruptcy.

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