SCHEDULE

PART 2Amendments of secondary legislation etc.

The Debt Arrangement Scheme (Scotland) Regulations 2011

43.  In Schedule 4 to the Debt Arrangement Scheme (Scotland) Regulations 2011 (payment distributors)(1)—

(a)for paragraph 1 substitute—

1.(1) A person with permission under the Financial Services and Markets Act 2000 to carry on a regulated activity—

(a)in relation to or in connection with a contract of the kind mentioned in paragraph 23 or paragraph 23B of Schedule 2 to that Act (credit agreements and contracts for hire of goods), or

(b)of the kind mentioned in paragraph 24B (providing credit reference services) or 24C (providing credit information services) of that Schedule.

(2) Sub-paragraph (1) must be read with—

(a)section 22 of the Financial Services and Markets Act 2000,

(b)any relevant order under that section, and

(c)Schedule 2 to that Act.;

(b)for paragraph 5, substitute—

5.  Make and maintain appropriate arrangements to ensure compliance with rules made by the Financial Conduct Authority and to ensure that appropriate regard is had to guidance issued by the Financial Conduct Authority..