Scottish Statutory Instrument 2004 United Kingdom

The Debt Arrangement Scheme (Scotland) Regulations 2004

At a glance

What's here

17 compliance obligations

Who this Act binds

Business-side actors with duties under this Act, ranked by how often they appear.

  • Any Person 5
  • Trader 5
  • Distributor 4
  • Employer 1

Plus 2 non-business duties on Crown ministers, regulators, local authorities or tribunals — shown collapsed under each section below.

Other Acts binding the same actors

For each actor bound by this Act, the other UK Acts that bind them most often. Useful for understanding the full compliance landscape facing each role.

Any Person also bound by 2337 other Acts (top 5 shown)
Traders also bound by 826 other Acts (top 5 shown)
Distributors also bound by 177 other Acts (top 5 shown)
Employers also bound by 694 other Acts (top 5 shown)

What this Act requires

Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.

Schedules

Browse 18 other Schedules — structural / supplementary
s.sch003

In section 14 (registration of court order) of the 1985...

s.sch003

In section 15 (further provisions relating to sequestration) of the...

s.sch003

In section 2(2)(b) (disposal of application) of the Mortgage Rights...

s.sch003

In section 47(4) (exceptional attachment order) of the Act, at...

s.sch004

The relationship between prescription or limitation, and enforcement of debt....

s.sch004

The consequences for a debtor– (i) sequestration;

s.sch004

The operation of– (i) an earnings arrestment;

s.sch004

The nature of rights of appeal from the sheriff court....

s.sch004

Assisting a client to– (a) respond to admitted money claims...

s.sch004

Identifying the need to refer a case to an appropriate...

s.sch005

Hold a current licence under the Consumer Credit Act 1974....

s.sch005

Be registered under the Data Protection Act 1998 as a...

s.sch005

Make and maintain arrangements to ensure financial security of sums...

s.sch005

Make and maintain appropriate arrangements to accept and disburse payments...

s.sch005

Make and maintain appropriate arrangements to ensure compliance with Office...

s.sch005

Make and maintain appropriate arrangements for customer services.

s.sch005

Make and maintain appropriate arrangements for the issue of required...

s.sch005

Provide an information technology system to transmit reports to debtors,...

sch. 5

sch. 5

  • Operate as a compliant payments distributor under the Debt Arrangement Scheme Distributor
s.007

Debtor to have a money adviser

  • Money advisers must help debtors find a replacement adviser when they stop acting Any Person
s.011

Functions and duty of a money adviser

  • Disclose free money advice options before charging fees Any Person
s.012

Notices by a money adviser: general

  • Notify DAS administrator, payments distributor, and creditors of changes Trader
s.015

Functions and duty of a payments distributor

  • Perform payments distributor functions and follow DAS guidance Distributor
s.016

Charges by a payments distributor

  • Do not charge debtors; cap creditor fees at 5% Distributor
s.022

Consent of every creditor

  • Respond to consent request for debt payment programme within 21 days Trader
s.031

Notification of approval or rejection

Other duties (1) — Crown / regulator
  • DAS administrator must approve/reject debt payment programmes and notify money adviser Statutory regulator
s.033

Payment instruction to employer

  • Deduct and pay specified sums from employee’s wages under a debt payment instruction Employer
s.034

Continuing liabilities

  • Pay continuing liability amounts to the payments distributor Trader
s.035

Effect on a creditor

  • Comply with restrictions and information duties during an approved debt payment programme Trader
s.037

Application for variation

  • Attempt to agree variation with money adviser before applying, and notify all parties Trader
s.040

Notification of approval or rejection of a variation

  • Notify creditors of variation decisions in writing Any Person
s.045

Notification of revocation

Other duties (1) — Crown / regulator
  • DAS administrator must notify revocation of debt payment programme to all concerned parties Crown / Minister / Government department
s.047

Report of completion

  • Payments distributor must send completion report to money adviser Distributor
s.048

Notices by a money adviser: completion

  • Send completion notice to DAS administrator when debt programme finishes Any Person
s.049

Notification of completion

  • Money adviser must confirm completion of debt payment programme to debtor, creditors and employer Any Person
Browse 34 other sections — procedural / definitional / commencement
s.001

Citation and commencement

s.002

Interpretation: general

s.003

Interpretation: debt

s.004

Dispensing power

s.005

Fees

s.006

Consequential amendments

s.008

Approval of a money adviser

s.009

Revocation, or suspension, of approval of a money adviser

s.010

Persons who may not be approved

s.013

Approval of a payments distributor

s.014

Revocation of approval of a payments distributor

s.017

Debt Arrangement Scheme Register

s.018

Information on the

s.019

Access to, and use of, information on the DAS Register

s.020

Application for approval

s.021

Debtors who may apply for approval

s.023

Objection by a creditor

s.024

Composition and waiver of interest

s.025

Approval of agreed programmes

s.026

Approval by the

s.027

Approval by the sheriff

s.028

Notice of intention to approve, and approval of, a programme

s.029

Standard conditions

s.030

Discretionary conditions

s.032

Methods of payment

s.036

Effect on a debtor

s.038

Grounds for variation

s.039

Approval of a variation

s.041

Revocation on sequestration

s.042

Application for revocation

s.043

Grounds for revocation

s.044

Determination of a revocation

s.046

Apparent insolvency

s.050

Appeals

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