PART 1

Application or petition for sequestration

Applications and petitions

Money advice
4
1
An application for the sequestration of a living debtor's estate may not be made unless the debtor has obtained from a money adviser advice on—
a
the debtor's financial circumstances,
b
the effect of the proposed sequestration,
c
the preparation of the application, and
d
such other matters as may be prescribed.
2
In this Act, “money adviser” means a person who—
a
is not an associate of the debtor, and
b
is of a prescribed description or falls within a prescribed class.
S. 4 in force at 30.11.2016 by S.S.I. 2016/294, reg. 2