This paper is a critique of the “Debt Relief (Developing Countries) Act” (the Act) in force in the U.K. since April 2010. It examines the provisions of the Act in the light of its avowed objectives and the objective of the international community – to curb what has now become known as the “vulture culture”, make debt relief work for the poor and preserve the stability of the international financial system. A brief introduction introduces the problem of debt, debt relief and the vulture culture in developing countries. Later parts of the paper delve into an examination of the salient provisions of the Act in the light of its objectives, necessary comparisons with the Bill, and recommendations for reforms.