Debt Arrangement and Attachment (Scotland) Act 2002

Prospective

3 Money adviceS

This sectionnoteType=Explanatory Notes has no associated

(1)A debtor is not entitled to make an application for the approval, or the variation, of a debt payment programme unless the debtor has obtained the advice of a money adviser in relation to—

(a)the debtor’s financial circumstances;

(b)the effect of the proposed programme or, as the case may be, the proposed variation of the programme; and

(c)the preparation of the application.

(2)Such an application shall—

(a)contain a signed declaration by the money adviser who provided the advice referred to in subsection (1) above that such advice has been given; and

(b)specify the name and address of the money adviser.