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Debt Arrangement and Attachment (Scotland) Act 2002

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This is the original version (as it was originally enacted).

3Money advice

This section has no associated Explanatory Notes

(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 signed 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.

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