# The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, Article 39D: Debt adjusting


(1) When carried on in relation to debts due under a credit agreement—
(a) negotiating with the lender, on behalf of the borrower, terms for the discharge of a debt,
(b) taking over, in return for payments by the borrower, that person’s obligation to discharge a debt, or
(c) any similar activity concerned with the liquidation of a debt,
is a specified kind of activity.
(2) When carried on in relation to debts due under a consumer hire agreement—
(a) negotiating with the owner, on behalf of the hirer, terms for the discharge of a debt,
(b) taking over, in return for payments by the hirer, that person’s obligation to discharge a debt, or
(c) any similar activity concerned with the liquidation of a debt,
is a specified kind of activity.

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Source: https://www.legislation.gov.uk/uksi/2001/544/article/39D (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-regulated-activities-order-2001/article-39D
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

