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The Debt Arrangement Scheme (Scotland) Regulations 2011
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- Scottish Statutory Instruments
- 2011 No. 141
- PART 3
- Regulation 17
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Charges by a payments distributor
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17.—(1) In the exercise of a function under the Act or these Regulations, a payments distributor—
(a)must make no charge of any kind to a debtor for payments distribution; and
(b)subject to paragraph (2), may charge an administration fee to a creditor taking part in a debt payment programme.
(2) The administration fee must be no more than 8% of the sum due to be paid to a creditor in a distribution by the distributor.
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