Debt Arrangement and Attachment (Scotland) Act 2002 (asp 17)

Valid from 24/09/2004

Part 1 S The debt arrangement scheme

Valid from 30/11/2004

3 Money advice S

(1) A debtor is not entitled to make an application for the approval, or the variation, of a debt payment programme unless the debtor has obtained the advice of a money adviser in relation to—

(a) the debtor’s financial circumstances;

(b) the effect of the proposed programme or, as the case may be, the proposed variation of the programme; and

(c) the preparation of the application.

(2) Such an application shall—

(a) contain a signed declaration by the money adviser who provided the advice referred to in subsection (1) above that such advice has been given; and

(b) specify the name and address of the money adviser.