Part IX Judicial Control
Extension of time
C1129AF1Debtor or hirer to give notice of intent etc. to creditor or owner
1
A debtor or hirer may make an application under section 129(1)(ba) in relation to a regulated agreement only if—
a
following his being given the notice under section 86B or 86C, he gave a notice within subsection (2) to the creditor or owner; and
b
a period of at least 14 days has elapsed after the day on which he gave that notice to the creditor or owner.
2
A notice is within this subsection if it—
a
indicates that the debtor or hirer intends to make the application;
b
indicates that he wants to make a proposal to the creditor or owner in relation to his making of payments under the agreement; and
c
gives details of that proposal.