Part 5Debt management and relief

Chapter 4Debt management schemes

Approval of schemes

112Applications for approval

(1)

Regulations may specify a procedure for making an application for approval of a debt management scheme.

(2)

Regulations under this section may, in particular, specify a procedure that requires any or all of the following—

(a)

an application to be made in a particular form;

(b)

information to be supplied in support of an application;

(c)

a fee to be paid in respect of an application.