Money adviser fees

6.—(1) In the definition of “continuing liability” in regulation 2(1) (interpretation: general)—

(a)after sub-paragraph (i) omit “and”; and

(b)after sub-paragraph (j) insert

and;

(k)a fee charged to a debtor by a money adviser;.

(2) At the end of regulation 3(2)(b) (interpretation: debt), insert—

;

(c)as a fee charged by a money adviser for the money adviser’s services in the debt payment programme in respect of which the services are provided.

(3) In regulation 12 (functions and duty of a money adviser), in paragraph (3)—

(i)after sub-paragraph (a) omit “and”; and

(ii)at the end of sub-paragraph (b) insert—

; and

(c)provide, as required by the DAS Administrator, information about the amount charged as a fee to a debtor for the adviser’s services in a debt payment programme.