{
  "url": "https://openlegislation.uk/draft-protected-trust-deeds-scotland-amendment-regulations-2010/regulation-4",
  "json_url": "https://openlegislation.uk/draft-protected-trust-deeds-scotland-amendment-regulations-2010/regulation-4.json",
  "legislation": "sdsi/2010/9780111010488",
  "legislation_title": "The Protected Trust Deeds (Scotland) Amendment Regulations 2010",
  "legislation_url": "https://openlegislation.uk/draft-protected-trust-deeds-scotland-amendment-regulations-2010",
  "path": "regulation/4",
  "kind": "regulation",
  "number": "4",
  "heading": "Amendment of the Protected Trust Deeds (Scotland) Regulations 2008",
  "text": "After regulation 5 (qualifications of trustee), insert—\n“Exclusion of a secured creditor\n5A. Where a secured creditor is excluded from a trust deed under section 5(4A)(b)(ii) of the Act, prior to the debtor granting the trust deed—\n(a) the trustee must provide the debtor and the secured creditor with a valuation made by a third party of the debtor’s dwellinghouse (or part thereof) which is to be excluded from the trust deed under section 5(4A)(b)(i) of the Act;\n(b) the debtor must consent in terms of Part 1 of Form A1 set out in Schedule 1 to these Regulations; and\n(c) the secured creditor must consent in terms of Part 2 of Form A1 set out in Schedule 1 to these Regulations.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/sdsi/2010/9780111010488/regulation/4",
    "retrieved_at": "2026-10-30T15:37:37.581792+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}