Regulation 18 Revocation of a debt payment programme

(1)

In regulation 40A(2)^f1 (death of a debtor), after ““the debtor”” insert “means a debtor who is an individual and”.

(2)

In regulation 41 (application for revocation)—

(a)

at the start of paragraph (1), for “An” substitute “Subject to paragraph (3), an”;

(b)

in paragraph (2)(b), for “on behalf of the debtor” substitute “or a nominated person”; and

(c)

for paragraph (3) substitute—

“(3)
An application under paragraph (1)(a)—

(a)
in relation to a joint debt payment programme refers to an application made by both debtors jointly, except that either debtor may apply only on grounds mentioned in regulation 42(1)(d); and

(b)
in relation to a debtor which is a legal person, trust or unincorporated body of persons may only be made by—

(i)
a money adviser or nominated person on behalf of the debtor; or

(ii)
a money adviser under regulation 12A(b) or (c).”.

(3)

In regulation 44A (effect of revocation) for paragraph (1) substitute—

“(1)
The revocation of a debt payment programme is to have no effect—

(a)
in the case of revocation where regulation 40A applies, for 6 weeks; and

(b)
in any other case, for 14 days,

immediately following the date on which the programme is revoked.”.

Annotations

Footnotes

f1: Inserted by regulation 14(2) of the Debt Arrangement Scheme (Scotland) Amendment Regulations 2013 (S.S.I. 2013/225).