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The Debt Arrangement Scheme (Scotland) Amendment Regulations 2014

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Revocation of a debt payment programme

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18.—(1) In regulation 40A(2)(1) (death of a debtor), after ““the debtor”” insert “means a debtor who is an individual and”.

(2) In regulation 41 (application for revocation)—

(a)at the start of paragraph (1), for “An” substitute “Subject to paragraph (3), an”;

(b)in paragraph (2)(b), for “on behalf of the debtor” substitute “or a nominated person”; and

(c)for paragraph (3) substitute—

“(3) An application under paragraph (1)(a)—

(a)in relation to a joint debt payment programme refers to an application made by both debtors jointly, except that either debtor may apply only on grounds mentioned in regulation 42(1)(d); and

(b)in relation to a debtor which is a legal person, trust or unincorporated body of persons may only be made by—

(i)a money adviser or nominated person on behalf of the debtor; or

(ii)a money adviser under regulation 12A(b) or (c).”.

(3) In regulation 44A (effect of revocation) for paragraph (1) substitute—

“(1) The revocation of a debt payment programme is to have no effect—

(a)in the case of revocation where regulation 40A applies, for 6 weeks; and

(b)in any other case, for 14 days,

immediately following the date on which the programme is revoked.”.

(1)

Inserted by regulation 14(2) of the Debt Arrangement Scheme (Scotland) Amendment Regulations 2013 (S.S.I. 2013/225).

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Policy Note

Policy Note sets out a brief statement of the purpose of a Scottish Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Scottish Statutory Instrument accessible to readers who are not legally qualified and accompany any Scottish Statutory Instrument or Draft Scottish Statutory Instrument laid before the Scottish Parliament from July 2012 onwards. Prior to this date these type of notes existed as ‘Executive Notes’ and accompanied Scottish Statutory Instruments from July 2005 until July 2012.

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