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(1)The Scottish Ministers may, on an application by the debtor or by any creditor, approve the variation of a debt payment programme.
(2)The Scottish Ministers may not consider an application for approval of a variation under subsection (1) above unless—
(a)where the application is made by the debtor, a copy of the application has been given to each creditor who is owed a debt which is being paid under the debt payment programme; or
(b)where the application is made by a creditor, a copy of the application has been given to the debtor and to each other creditor who is owed such a debt.
(3)Such an application may seek the variation of any condition which is attached to the approval of the programme or, as the case may be, a previous variation of the programme.
(4)An application for the variation of a debt payment programme shall—
(a)contain such information, and be in such form, as may be prescribed; and
(b)be signed by the debtor or, as the case may be, the creditor.
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Text created by the Scottish Government to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Acts of the Scottish Parliament except those which result from Budget Bills.
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