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Change 1
As published
73D Debt advice and information
(1) This section applies where—
(a) a creditor—
(i) obtains a final decree in an action on the dependence of which the creditor has executed an arrestment; or
(ii) arrests in execution of a decree or document of debt; and
(b) the debtor is an individual.
(2) The creditor shall, during the period of 48 hours beginning with the time at which the copy of the final decree is served under section 73C(2) of this Act or, as the case may be, the time at which the schedule of arrestment is served, provide the debtor with a debt advice and information package.
(3) Where the creditor fails to comply with subsection (2) above, the arrestment shall cease to have effect or, as the case may be, shall be incompetent.
(4) In this section, “debt advice and information package” has the meaning given by section 47(4) of this Act.
Your change, as a redline
73D Debt advice and information
(1) This section applies where—
(a) a creditor—
(i) obtains a final decree in an action on the dependence of which the creditor has executed an arrestment; or
(ii) arrests in execution of a decree or document of debt; and
(b) the debtor is an individual.
(2) The creditor shall, during the period of 48 hours beginning with the time at which the copy of the final decree is served under section 73C(2) of this Act or, as the case may be, the time at which the schedule of arrestment is served, provide the debtor with a debt advice and information package.
(3) Where the creditor fails to comply with subsection (2) above, the arrestment shall cease to have effect or, as the case may be, shall be incompetent.
(4) In this section, “debt advice and information package” has the meaning given by section 47(4) of this Act.
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