AiB consulting on Protected Trust Deed
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The Accountant in Bankruptcy (AiB) is currently carrying out a review of the Protected Trust Deed (PTD) legislation that was introduced by the Protected Trust Deed (Scotland) Regulations 2013.
This review will assess, wherever possible, the impact of the changes made to PTDs through this legislation.
A consultation has been launched as part of this review. The AiB said this provides an opportunity for practitioners to give their views on the changes that were introduced in 2013 and also the issue of equity in PTDs.
The consultation began yesterday and will run until 25 April 2016. All responses will be considered.
The AiB aims to issue a report on this consultation by the end of June 2016 and this will be posted on its website.
Responses should be emailed to AIB_Policy_Development_Enquiries@gov.scot or sent to: Erin McCreadie, AiB, 1 Pennyburn Road, Kilwinning, Ayrshire, KA13 6SA by 25 April 2016.
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