F1Sch. 2ZB inserted (30.6.2011) by Debt Relief Act (Northern Ireland) 2010 (c. 16), ss. 3, 7(1); S.R. 2011/13, art. 2
7—(1) A debtor may offer a debt relief restrictions undertaking to the Department.N.I.
(2) In determining whether to accept a debt relief restrictions undertaking the Department shall have regard to the matters specified in paragraph 2(2) and (3).
8 A reference in a statutory provision to a person in respect of whom a debt relief restrictions order has effect (or who is “the subject of” a debt relief restrictions order) includes a reference to a person in respect of whom—N.I.
(a)an interim debt relief restrictions order; or
(b)a debt relief restrictions undertaking,
has effect.
9—(1) A debt relief restrictions undertaking—N.I.
(a)comes into force on being accepted by the Department, and
(b)ceases to have effect at the end of a date specified in the undertaking.
(2) The date specified under sub-paragraph (1)(b) must not be—
(a)before the end of the period of 2 years beginning with the date on which the undertaking is accepted, or
(b)after the end of the period of 15 years beginning with that date.
(3) On an application by the debtor the High Court may—
(a)annul a debt relief restrictions undertaking;
(b)provide for a debt relief restrictions undertaking to cease to have effect before the date specified under sub-paragraph (1)(b).]