The Debt Arrangement Scheme (Scotland) Amendment Regulations 2014

1. Introductory Text

2. 1. Citation and commencement

3. 2. Interpretation

4. 3. Amendment to the DAS Regulations

5. 4. Interpretation: Common Financial Tool, legal persons and other entities

6. 5. Approved money adviser for legal persons and other entities

7. 6. Approval of a money adviser

8. 7. Functions and duty of a money adviser

9. 8. Common Financial Tool: consequential amendments, all debts due

10. 9. Information on the DAS Register

11. 10. Application for approval: intention to apply and moratorium

12. 11. Application for approval: legal persons and other entities

13. 12. Debtors who may apply for approval, etc.

14. 13. Business Debt Arrangement Scheme

15. 14. Consent of creditors: legal persons and other entities

16. 15. Standard conditions

17. 16. Effect on a creditor: legal persons and other entities

18. 17. Variation

19. 18. Revocation of a debt payment programme

20. 19. Grounds for revocation: legal persons and other entities

21. 20. Composition: legal persons and other entities

22. 21. Forms: legal persons and other entities

23. 22. Minor revocations in consequence of Bankruptcy and Debt Advice (Scotland) Act 2014

24. 23. Savings and transitional arrangements

25. Signature

26. 1. SCHEDULE 1

       Common Financial Tool: Debt Arrangement Scheme

    2. SCHEDULE 2

       FORMS

27. Explanatory Note