Regulation 27 Standard conditionsI1

make the first payment under a programme during the period of F142 days immediately following the date on which the debt payment programme is approved;

make all payments under a programme as they fall due;

pay a continuing liability when due for payment;

except for a continuing liability, make no payment to a creditor taking part in a programme other than a payment under the programme;

not apply for or obtain credit beyond that permitted by regulation 33(1)(b), or by a variation of a programme approved under regulation 38;

notify any continuing money adviser for the programme or the DAS Administrator of a—

within 10 days after receipt by the debtor of a written request from a continuing money adviser for the programme or the DAS Administrator provide them with such information or evidence on their income, assets or liabilities as they may request;

make all payments in respect of credit obtained under regulation 33(1)(b) F2(ia), (iii), (iv) and (v) as they fall due;

give all notices and intimations which require to be given by a debtor under these Regulations;

complete, and submit when due, a tax or duty return or declaration; and pay the tax or duty so returned or declared; F3...

notify the DAS Administrator as soon as reasonably practicable of a money adviser ceasing to act for the debtor for any reason other than the resignation, or revocation or suspension of approval of, the adviser F4; and

in the case of a debtor which is a legal person, trust, or unincorporated body of persons—

“material change of circumstances” includes information which materially affects the declaration of viability; and

for 7 days read 14 days.

current or circulating assets (for instance stock in trade, inventory);

where the debtor is engaged in trade, any article acquired by the debtor—

in the ordinary course of that trade;

any article of a perishable nature or which is likely to deteriorate substantially and rapidly in condition or value;

any dwellinghouse or mobile home, unless the dwellinghouse or mobile home is used for the business or operations of the debtor;

any article within a dwellinghouse or mobile home other than implements, tools of trade, books or other equipment reasonably required for the use of the debtor or any employee of the debtor in the practice of the debtor’s profession, trade or business or for the purposes for which the debtor was established.