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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


Annex A - Information on the Register of Insolvencies

The Bankruptcy (Scotland) Act 2016 Schedule 2

The Register of Insolvencies maintained by the Accountant in Bankruptcy under section 200(1)(c) of the Bankruptcy (Scotland) Act of 2016 shall contain the following information:

Protected trust deeds for creditors

  • name and address of granter of trust deed
  • address of the centre of main interests and all establishments, within the meaning of the Council Regulation (EC) No. 1346/2000, of the granter of the trust deed, unless the granter of the trust deed is an undertaking as described in Article 1(2) of the said Council Regulation
  • whether the protected trust deed is considered to be main or territorial proceedings within the meaning of the said Council Regulation
  • the location and nature of any other insolvency proceedings
  • name and address of trustee under deed
  • date (or dates) of execution of deed
  • date on which copy deed and certificate of accession was registered
  • date of registration of statement indicating how the estate was realised and distributed and certificate to the effect that the distribution was in accordance with the trust deed
  • date of trustee’s discharge
  • date of registration of copy of order of court that non-acceding creditor is not bound by trustee’s discharge
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