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Bankruptcy and Debt Advice (Scotland) Act 2014

Miscellaneous amendments

Debt arrangement schemes: extension to non-natural persons and fees

97.Section 53 makes provision so the DAS scheme under the 2002 Act is available to a wider group, specifically legal persons (other than companies, limited liability partnerships and certain other bodies). It allows regulations to be made in respect of a Business DAS solution, and makes clearer provision to allow controls on the remuneration of money advisers and payment distributors acting in relation to DAS. Amendments have accordingly been made to the DAS scheme by Debt Arrangement Scheme (Scotland) Amendment Regulations 2014(16).

16

S.S.I. 2014/294, amending S.S.I. 2011/141 as amended by S.S.I. 2013/225.

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