6 Debt respite scheme: advice to the Secretary of State
Financial Guidance and Claims Act 2018 (2018 c 10) | Legislation

6  Debt respite scheme: advice to the Secretary of State

(1)     The Secretary of State must, within three months of the establishment of the single financial guidance body, seek advice from the body on the establishment of a debt respite scheme.

(2)     A debt respite scheme is a scheme designed to do one or more of the following—

(a)     protect individuals in debt from the accrual of further interest or charges on their debts during the period specified by the

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