PART 9COMPLETION OF A DEBT PAYMENT PROGRAMME

Notices by a money adviser: completion48

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.