Regulation 12 Functions and duty of a money adviserI1

provide money advice to a debtor;

liaise with creditors on behalf of a debtor;

assist a debtor with, and advise on an application—

prepare and submit on behalf of a debtor an application under these Regulations F3, in accordance with the Common Financial Tool in the case of a debt payment programme for an individual;

provide, as required by the DAS Administrator, evidence of or information about the participation of a debtor in a debt payment programme (including the debtor’s consent to any application for approval, variation or revocation in relation to which the adviser provided money advice); and

act as a lay representative in a court, where the adviser has accepted instructions by a debtor to act.

provides ongoing advice to the debtor and carries out administrative functions during the period of the debt payment programme; or

advises a debtor which is a legal person, trust or unincorporated body of persons,

to review a debt payment programme in every twelfth month of operation F7(in accordance with the Common Financial Tool in the case of a debt payment programme for an individual); F8...

as soon as reasonably practicable to provide written notice to the DAS Administrator of—

provide, as required by the DAS Administrator, information about the amount charged as a fee to a debtor for the adviser’s services in a debt payment programme.

must in every twelfth month of the operation of the programme, invite the debtor to provide a statement of the debtor’s current financial circumstances; and

may, on receipt, notify the debtor that the debtor may wish to take the advice of a money adviser on a review of the programme.