# The Debt Arrangement Scheme (Scotland) Regulations 2011, Regulation 14: Approval of a payments distributor

Extent: S

(1) An application to the DAS Administrator for approval as a payments distributor must be in writing.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) The DAS Administrator must approve an application under paragraph (1) if—
(a) satisfied that the applicant is a fit and proper person or body to be a payments distributor; ...
(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4) Without prejudice to the generality of paragraph (3)(a), an applicant is not a fit and proper person if the person or body does not satisfy the criteria specified in Schedule 4.
(5) The DAS Administrator may make approval under paragraph (3) subject to any reasonable condition.
(6) Approval is for any period stated in that approval ....
(7) AiB may not exercise any function of the DAS Administrator in considering and determining any application under this regulation by AiB.

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Source: https://www.legislation.gov.uk/ssi/2011/141/regulation/14 (the official version)
Page: https://openlegislation.uk/debt-arrangement-scheme-scotland-regulations-2011/regulation-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.