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The court tells most deputies to get a surety bond (also called a security bond). The bond is insurance that protect the assets of the person whose affairs and property the deputy is managing.
OPG has set up a scheme for surety bonds, but deputies can get a bond from a provider that isnt in the scheme.
This practice note (SD15) explains what OPG expects from a bond provider, so that its surety bonds are suitable for deputies.
Published 6 December 2012 Last updated 17 April 2023 +show all updates
Uploaded PDF.
Updated to reflect changes to the 'Scheme' - a framework of three providers instead of the single provider previously available.
We have made a change to the section 'Expectations for the Bond' to reflect a recent court ruling.
Added Welsh-language translation
Practice note has been updated to reflect a change to OPG's approved bond supplier from October 2016.
