PART 5APPROVAL OF DEBT PAYMENT PROGRAMMES

Joint debt payment programme22

1

Two debtors may apply together for a joint debt payment programme—

a

if they are joint and severally liable for a debt which the programme would provide for the payment of; and

b

and they are—

i

husband and wife to each other;

ii

civil partners of each other;

iii

living together as husband and wife; or

iv

living together in a relationship with the characteristics of the relationship between a husband and wife except that they are of the same sex.

2

Both debtors must consent to any application for approval of a joint debt payment programme; and a declaration by a money adviser under regulation 20(2)(b) must declare that both debtors have consented.

3

Unless the context otherwise requires, references in these Regulations to “debtor” in relation to a joint debt payment programme are to be taken to be references to both debtors.