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Regulation 48 Notices by a money adviser: completion

Original text. Later amendments are not shown.

(1)

A money adviser for a debt payment programme shall send notice of completion of the programme in form 13 to the DAS administrator where–

(a)

a report of completion in form 12 is sent to the money adviser; or

(b)

the creditors in the programme agree in writing to completion before the end of the period of the programme.

(2)

A money adviser shall intimate any agreement under paragraph (1)(b) to the payments distributor.