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Scheme Rules Custodial based tenancy deposit protection First Edition Effective from April 2016Landlord Scheme Rules (Custodial)1AN INTRODUCTION TO CUSTODIALBASED DEPOSIT PROTECTION DESIGNED FOR LANDLORDS

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What is custodial based?

Custodial based is a reporting method used to report income and financial information pertaining to a custodial account.

Who is required to file custodial based?

The person who has control or is responsible for managing the custodial account is required to file custodial based.

How to fill out custodial based?

You can fill out custodial based by providing accurate and detailed information about the custodial account, income earned, and any financial transactions.

What is the purpose of custodial based?

The purpose of custodial based is to ensure transparency and compliance with financial reporting requirements related to custodial accounts.

What information must be reported on custodial based?

Information such as income earned, financial transactions, and any changes to the custodial account must be reported on custodial based.

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