# The Tenancy Deposit Schemes (Scotland) Regulations 2011, Regulation 18: Designated accounts


Sums may be withdrawn from a designated account only for the following purposes—
(a) repayment of tenancy deposits in accordance with these Regulations;
(b) meeting the costs of the scheme from interest accrued;
(c) improving the quality of service provided by the scheme administrator from interest accrued, where the interest is surplus to that required to meet the costs of the scheme; and
(d) distributing, applying or investing interest accrued, where the conditions in regulation 19 are met.

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Source: https://www.legislation.gov.uk/sdsi/2011/9780111011850/regulation/18 (the official version)
Page: https://openlegislation.uk/draft-tenancy-deposit-schemes-scotland-regulations-2011/regulation-18
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.