A debt management scheme is a scheme that meets the conditions in this section.
The scheme must be open to some or all non-business debtors.
A scheme is open to a non-business debtor if it allows him to make a request to the scheme operator for a debt repayment plan to be arranged for him.
The scheme must provide that, if such a request is made—
a decision must be made about whether a debt repayment plan is to be arranged for the non-business debtor, and
such a plan must be arranged (if that is the decision made).
The scheme must be operated by a body of persons (whether a body corporate or not).