Revocation, or suspension, of approval of a money adviser

11.—(1) The DAS Administrator may revoke the approval of any money adviser where—

(a)an adviser for a debtor fails without good cause to respond to a requirement by the DAS Administrator for the adviser to provide evidence or information relating to the operation of the debt payment programme of the debtor; or

(b)in the opinion of the DAS Administrator the adviser—

(i)has failed without good cause to carry out a function of an adviser under the Act or these Regulations; and

(ii)continues to fail to carry out that function, after 2 weeks from the date of written notice to the adviser of that failure.

(2) The DAS Administrator must provide written notice to a debtor of the suspension or revocation of the approval of the money adviser to that debtor.