C1Part 1The debt arrangement scheme

Annotations:
Modifications etc. (not altering text)

I1C13C1 Money advice

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 F2... 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.

F13

Subsections (1) and (2) above are subject to any contrary provision in regulations made under section 7(1) below.