PART 1General provisions
Qualifying debt5.
(1)
A “qualifying debt” means any debt or liability other than non-eligible debt.
(2)
A debt is a qualifying debt for the purpose of these Regulations whether or not it is entered into, or due to be paid or repaid, before these Regulations come into force.
(3)
A qualifying debt includes—
(a)
any amount which a debtor is liable to pay under or in relation to—
(i)
an order or warrant for possession of the debtor’s place of residence or business,
(ii)
a court judgment, or
(iii)
a controlled goods agreement;
(b)
any debt owed or liability payable to the Crown.
(4)
In these Regulations “non-eligible debt” means—
(a)
secured debt which does not amount to arrears in respect of secured debt,
(b)
non-eligible business debt,
(c)
any debt which a debtor incurred by means of any fraud or fraudulent breach of trust by the debtor,
(d)
any liability in respect of a fine imposed by a court for an offence or from any liability under a recognisance except, in the case of a penalty imposed for an offence under an enactment relating to the public revenue or of a recognisance, with the consent of the Treasury,
(e)
any obligation arising under a confiscation order made under—
(i)
(ii)
(iii)
(iv)
(v)
Parts 2, 3 or 4 of the Proceeds of Crime Act 2002,
(f)
(g)
(h)
any debt or liability to which a debtor is or may become subject in respect of any sum paid or payable to the debtor as a student loan and which the debtor receives whether before or after the moratorium starts,
(i)
(j)
(k)
any liability in respect of council tax for a financial year, except where—
(i)
all the instalments for that year have fallen due and any of those instalments has not been paid, or
(ii)
(l)
any liability in respect of non-domestic rates for a financial year, except where—
(i)
all the instalments for that year have fallen due and any of those instalments has not been paid, or
(ii)
(5)
(6)
In this regulation—
(a)
“controlled goods agreement” means an agreement under paragraph 13(4) of Schedule 12 to the Tribunals, Courts and Enforcement Act 2007;
(b)
“family proceedings” means—
(i)
proceedings in the family court, and
(ii)
(c)
“fine” includes—
(i)
any pecuniary penalty or pecuniary forfeiture or pecuniary compensation payable under a conviction, and
(ii)
and includes any interest on the fine and any penalties or charges incurred in connection with it;
(d)
“non-eligible business debt” means debt incurred in connection with a business carried on by a debtor where the debtor at the point of the application for a moratorium and for the purpose of that business—
(i)
(ii)
is a partner in a partnership with any other person,
and the debt solely relates to the business carried on by the debtor;
(e)
“partnership” means any relation which subsists between persons carrying on a business in common with a view of profit other than any relation between members of any company or association which is—
(i)
(ii)
formed or incorporated by or in pursuance of any other Act of Parliament or letters patent, or Royal Charter;
(f)
“student loan” means a loan made under –