# Tenancy deposit scheme in Scotland to donate surpluses to charity

- Link: https://fundraising.co.uk/2012/06/18/tenancy-deposit-scheme-scotland-donate-surpluses-charity/
- Published: 2012-06-18T09:31:52+01:00
- Author: Howard Lake

SafeDeposits Scotland has been licensed by the Scottish Government to run a tenancy
deposit scheme in Scotland, and unlike other operators, it will donate its surpluses
to charity. The money will then be distributed by SafeDeposits Scotland Trust, a
grant-making charity that aims to promote education, training and best practice 
in the private rented sector in Scotland.

From 2 July 2012 landlords in receipt of a tenancy deposit will have to transfer
the deposit to a licensed operator, such as SafeDeposits Scotland, to ensure they
are securely held and that any dispute about their eventual return is resolved quickly
by an independent party.

John Ferguson, Director of Development and Programmes, Scottish Council for Voluntary
Organisations (SCVO), said: “Most landlords and tenants act fairly but where unscrupulous
behaviour exists SafeDeposits will put a stop to it. Better still, the Safe Deposits
Scotland Trust will put any surpluses to public good by promoting education, training
and best practice in Scotland’s private rented sector. It really is a win-win all
around.”

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www.safedepositsscotland.com

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