Trusts and Succession (Scotland) Bill
The Bill aims to change the law in relation to two areas:
- trusts: how they are administered and managed
- succession: who has the right to inherit and in what order
The Bill was passed on 20 December 2023 and became an Act on 30 January 2024
Contents
Introduced
The Scottish Government introduces the Bill and accompanying documents to the Parliament which publishes the Bill.
The Bill was introduced on 22 November 2022
Bill as introduced
Trusts and Succession (Scotland) Bill as introduced (3MB, pdf) posted 22 November 2022
Financial resolution
The Presiding Officer has decided under Rule 9.12 of Standing Orders that a financial resolution is not required for this Bill.
Crown consent
This Bill requires Crown consent. It is expected that this consent will be signified at Stage 3.
Related information from the Scottish Government on the bill
Explanatory Notes
Trusts and Succession (Scotland) Bill explanatory notes (338KB, pdf) posted 22 November 2022
Trusts and Succession (Scotland) Bill explanatory notes (print version) (429KB, pdf) posted 22 November 2022
Explanation of the Bill
Policy Memorandum
Trusts and Succession (Scotland) Bill policy memorandum (392KB, pdf) posted 22 November 2022
Trusts and Succession (Scotland) Bill policy memorandum (print version) (460KB, pdf) posted 22 November 2022
Why the Bill is being introduced
Financial Memorandum
Trusts and Succession (Scotland) Bill financial memorandum (128KB, pdf) posted 22 November 2022
Trusts and Succession (Scotland) Bill financial memorandum (print version) (257KB, pdf) posted 22 November 2022
How much the Bill is likely to cost
Delegated Powers Memorandum
Trusts and Succession (Scotland) Bill delegated powers memorandum (138KB, pdf) posted 22 November 2022
Trusts and Succession (Scotland) Bill delegated powers memorandum (print version) (210KB, pdf) posted 22 November 2022
Information on the powers the Bill gives the Scottish Ministers and others to make “secondary legislation” (usually regulations) and to the Scottish Ministers (such as to make guidance).
Statements on Legislative Competence
Trusts and Succession (Scotland) Bill legislative competence statements (109KB, pdf) posted 22 November 2022
Trusts and Succession (Scotland) Bill legislative competence statements (print version) (158KB, pdf) posted 22 November 2022
Statements on whether the Bill is within the Parliament’s “legislative competence” (if the Parliament has the power to make the changes to the law proposed by the Bill).
Scottish Parliament research on the Bill
Read the research done by the Scottish Parliament on specific parts of the Bill: