Debt Collection (General) Regulations 2023
Table of Contents
Enacting Formula
Part 1 PRELIMINARY
1 Citation and commencement
2 Definition
Part 2 LICENCES, ETC.
3 Application for renewal of licence
4 Grant or renewal of licence
5 Prescribed website
Part 3 APPROVAL FOR LICENSEES TO DEPLOY INDIVIDUALS AS DEBT COLLECTORS
6 Approval for licensee to deploy individual as debt collector
7 Issue of approval letter
8 Notification of cessation of deployment of debt collectors
Part 4 DUTIES AND RESPONSIBILITIES OF LICENSEES
9 Collection of debt must be pursuant to written agreement
10 Duty to put in place certain measures
11 Keeping of records
12 Notification of cessation of debt collection business
Part 5 DUTIES AND RESPONSIBILITIES OF DEBT COLLECTORS OF LICENSEES
13 Production of approval letter, etc.
Part 6 RESTRICTIONS ON DEBT COLLECTION
14 Requirements to be satisfied before debt may be collected
15 Prohibition against collecting debt under certain circumstances
16 Prohibited debt collection activities
17 Fees
18 Penalty
FIRST SCHEDULE
SECOND SCHEDULE Fees