Notes for Guidance - Payments distributor - Debt Arrangement Scheme

The DAS Administrator must revoke a DPP when:

• a client is declared bankrupt
• a client is granted a trust deed which becomes protected
• upon a client’s death

The DAS Administrator may revoke a DPP when:

• a client fails without reasonable cause to satisfy a standard or discretionary condition
• a client makes a statement in their application which the client knows to be untrue
• a payment to be paid under the DPP becomes due, and there remains unpaid a sum, due in respect of previous payments so due, of not less than the aggregate of two such payments
• in the case of a joint DPP, where the parties no longer qualify to be part of a joint DPP

When a DPP is revoked, you will be notified via eDEN and you must send a report to the DAS Administrator or the continuing money adviser to include:

• the amount and date of each instalment made by the client
• the amount and date and recipient of each instalment made to the creditors
• the total balance outstanding
• any funds held

Any funds held should be returned to the client within 15 working days. 

If you receive any payments you should return it back to the client within five working days of receipt. 

If you are unable to return the money within the specified period you must inform the DAS Administrator or the continuing money adviser within that period giving reasons for the delay.