Notes for Guidance - Protected Trust Deeds - Bankruptcy (Scotland) Act 2016
- First published
- 30 November 2016
- Last updated
- 15 January 2025 - see all updates
- Topic
- Protected Trust Deeds
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
6.16 Electronic delivery of forms and notices
Any document or Form that is required to be submitted to any person so recorded in the Protected Trust Deeds (Forms) (Scotland) Regulations 2016, may be given, delivered or sent by electronic means, provided that the recipient has consented to this form of transmission and provided an electronic address. Section 187 of the Act refers.
Trustees are encouraged to utilise AiB’s Web Portal system, ASTRA. This Web Portal has provision to alert trustees to when statutory documents must be submitted and provides a secure network to complete the Forms on-line and submit them.
Subject to any evidence to the contrary, a document can be presumed to have been delivered electronically if the sender can produce a copy of an electronic message that confirms issue and which shows the date and time of issue and the address it was sent to.
A document may not be issued electronically if an alternative delivery method is required by order of a court.
The AiB consent generally with all trustees to electronic delivery of Forms 4, 5 and 7 via ASTRA or by e-mail to the trust deed team.
- First published
- Wednesday, 30 November 2016
- Last updated
- Wednesday, 15 January 2025 - show all updates
- All updates
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changes made to section 2 to reflect the policy changes from 20 January 2025.
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amendment to section 6.8 Increasing the trustee’s fixed fee.
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addition of section 2.5 - Trust deed information leaflet and adequate time, effective from 20 January 2025.
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Updated to take into account The Protected Trust Deeds (Miscellaneous Amendment) (Scotland) Regulations 2024 which came into force on the 1st July 2024. New additions to the guidance includes: Removal of protected status of a trust deed and a review process, Debtor discharge due to extenuating circumstances prior to the 48 month minimum term and Trustee refusal of debtor discharge process, previously part of the PTD Protocol, now in legislation for all trustees to follow
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Update to section 5.1 - Contributions to reflect recent change to Common Financial Statement registration.
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Supporting document published on website
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Published on website
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Amended - PTD Protocol
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Amended
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First published
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