- Draft legislation
This is a draft item of legislation. This draft has since been made as a Scottish Statutory Instrument: The Debt Arrangement Scheme (Scotland) Amendment Regulations 2013 No. 225
11.—(1) In regulation 23 (consent of creditors)—
(a)in paragraph (3), omit “, and if posted must be sent to the creditor by first class recorded delivery post”;
(b)at the end of paragraph (5), insert—
“, irrespective of any assignation of the debt by that creditor,”; and
(c)after paragraph (7), insert—
“(8) Where the rights to one or more debts included in the debt payment programme are assigned, the creditor must immediately notify the DAS Administrator in writing—
(a)that the creditor has assigned the rights; and
(b)of the details of the assignee.”.
(2) After regulation 23 (consent of creditors), insert—
23A. Where a creditor authorises another person to act on behalf of the creditor in relation to the debt arrangement scheme—
(a)the authorised representative must, provide evidence of authority to act on behalf of the creditor to the DAS Administrator and any continuing money adviser; and
(b)the creditor must notify the DAS Administrator and any continuing money adviser where the representative is no longer authorised.”.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Draft Policy Note sets out a brief statement of the purpose of a Draft Scottish Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Draft Scottish Statutory Instrument accessible to readers who are not legally qualified and accompany any Scottish Statutory Instrument or Draft Scottish Statutory Instrument laid before the Scottish Parliament from July 2012 onwards. Prior to this date these type of notes existed as 'Executive Notes' and accompanied Draft Scottish Statutory Instruments from July 2005 until July 2012.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: