xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"

Part 1SThe debt arrangement scheme

3 Money adviceS

(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 F1... 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.

[F2(3)Subsections (1) and (2) above are subject to any contrary provision in regulations made under section 7(1) below.]

Textual Amendments

Commencement Information

I1S. 3 in force at 30.11.2004 by S.S.I. 2004/416, art. 2(2)