Protected trust deeds: improving the process consultation

16. Cooperation with the PTD Review Board

16.1 Only when provided with all relevant information will the PTD Review Board be able to monitor and review the efficient operation or otherwise of the Guidance. Information required for this purpose will be determined by the Review Board. Such information, other than that which is commercially sensitive or which needs to be withheld for reasons of confidentiality, will be provided by trustees and creditors at the request of the Review Board.

16.2 All parties may provide information to the PTD Review Board which will enable it to determine the effectiveness or otherwise of the PTD administration process. Similarly, behaviour which is believed to be unacceptable or contrary to the Guidance may be reported to the Review Board. The Review Board cannot override existing regulatory procedures.