7. In regulation 12 (functions and duty of a money adviser)—
(a)in paragraph (3), after “to a debtor” where it first occurs insert “or advises a debtor which is a legal person, trust or unincorporated body of persons”;
(b)in both heads (i) and (ii) of paragraph (3)(b), after “adviser” insert “or any nominated person under regulation 22A(7)(b)”;
(c)after paragraph (3)(b)(ii)—
(i)omit “and”; and
(ii)insert—
“(iia)on any resignation, the full name and business address of the replacement money adviser or nominated person; and”; and
(d)after regulation 12 insert—
12A. Where the debtor is a legal person, trust or unincorporated body of persons a money adviser must—
(a)in any review under regulation 12(3)(a) include a declaration of viability;
(b)if unable to make such a declaration because the money adviser considers the debtor does not meet the requirements contained in regulation 22A(7)(c), apply as soon as reasonably practicable for revocation under regulation 41; and
(c)on becoming aware of information which causes the adviser to believe that a ground for revocation under regulation 42(1) is met, apply as soon as reasonably practicable for revocation under regulation 41.”.