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Regulation 17 Variation

Original text. Later amendments are not shown.

(1)

In regulation 36 (application for variation)—

(a)

at the start of paragraph (1), for “An” substitute “Subject to paragraph (5), an”;

(b)

in paragraph (4)—

(i)

after “under paragraph (1),”, insert “if applicable the continuing money adviser for that debtor, otherwise”; and

(ii)

omit sub-paragraph (d) and the “and” preceding that sub-paragraph; and

(c)

for paragraph (5) substitute—

“(5)

An application under paragraph (1)(a)—

(a)

in relation to a joint debt payment programme refers to an application made by both debtors jointly; and

(b)

in relation to a debtor which is a legal person, trust or unincorporated body of persons must—

(i)

be made by a money adviser on behalf of the debtor; and

(ii)

include a declaration of viability.”.

(2)

At the start of regulation 37(1)(h) (grounds for variation) insert “in the case of a debtor who is an individual,”.