OpenLegislation

Regulation 6 Approval of a money adviser

Original text. Later amendments are not shown.

(1)

In regulation 9 (approval of a money adviser)f1—

(a)

for paragraphs (2) and (3), substitute—

“(2)

The DAS Administrator may approve an application under paragraph (1), if satisfied that the applicant—

(a)

has undergone training on the matters specified in Schedule 3;

(b)

is not a person listed in regulation 10; and

(c)

is a fit and proper person to be a money adviser.”; and

(b)

for the cross-reference in Schedule 3 substitute “Regulation 9(2)(a)”.

(2)

Regulation 7 of the Debt Arrangement Scheme (Scotland) Amendment Regulations 2013f2 is revoked.

Annotations

Footnotes

f1

Regulation 9(3) was substituted by S.S.I. 2013/225 to add a reference to organisations working towards Type 2 accreditation against Scottish National Standards for Information and Advice Provision.

f2

S.S.I. 2013/225.