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The Debt Respite Scheme (Breathing Space Moratorium and Mental Health Crisis Moratorium) (England and Wales) Regulations 2020

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This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Debt Respite Scheme (Breathing Space Moratorium and Mental Health Crisis Moratorium) (England and Wales) Regulations 2020 No. 1311

Provision of updated information to the Secretary of State to correct mistakes and inaccuracies

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20.—(1) If a debt advice provider becomes aware that the information in paragraph (2) contains a mistake or inaccuracy the debt advice provider must provide updated information to the Secretary of State.

(2) A debt advice provider must provide updated information to the Secretary of State in accordance with paragraph (1) in relation to information—

(a)provided by a debt advice provider to the Secretary of State in accordance with these Regulations, or

(b)on the register.

(3) Where the Secretary of State receives updated information from a debt advice provider in accordance with paragraph (1), the Secretary of State must, by the end of the following business day—

(a)cause an entry to be made on the register to reflect the updated information, and

(b)send a notification to any relevant creditor and agent.

(4) The obligation to send a notification to a creditor and agent under paragraph (3)(b) only applies in relation to updated information concerning—

(a)a debtor’s name, date of birth and usual residential address, and

(b)the trading name or names and address of any business carried on by the debtor.

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