Explanatory Notes

Debt Arrangement and Attachment (Scotland) Act 2002

2002 asp 17

17 December 2002

The Act

Part 1 – the Debt Arrangement Scheme

Section 3 – Money advice

13.Section 3 requires the debtor to take certain steps before submitting an application for approval, or variation, of a debt payment programme.

14.Section 3(1) requires the debtor to seek the assistance of a money adviser before applying for approval of a debt payment programme, or its variation. Section 3(2) provides that the debtors' application to enter into a debt payment programme must contain a signed declaration by the money adviser that money advice has been given.