# The Debt Arrangement Scheme (Scotland) Regulations 2004, Regulation 9: Revocation, or suspension, of approval of a money adviser


(1) The DAS administrator shall revoke the approval of a money adviser where MATRICS certify that the adviser is no longer recommended for approval by the DAS administrator as a money adviser.
(2) The DAS administrator may revoke the approval of a money adviser where–
(a) an adviser for a debtor fails without good cause to respond to a requirement by the DAS administrator for the adviser to provide evidence or information relating to the operation of the debt payment programme of the debtor; or
(b) in the opinion of the DAS administrator the adviser–
(i) has failed without good cause to carry out a function of an adviser under the Act or these Regulations; and
(ii) continues to fail to carry out that function, after 2 weeks from the date of written notice to the adviser of that failure.
(3) The DAS administrator shall suspend the approval of a money adviser for a period of 6 months, where MATRICS certify that the adviser is temporarily unable to carry out the functions of an adviser under the Act or these Regulations.

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Source: https://www.legislation.gov.uk/sdsi/2004/0110626400/regulation/9 (the official version)
Page: https://openlegislation.uk/draft-debt-arrangement-scheme-scotland-regulations-2004/regulation-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.