[F14A(1)Regulations under this Schedule may include provision that a [F2billing authority] and a person liable to pay it an amount under section 43 or 45 above may enter into an agreement that—E+W
(a)any interest of his in the hereditament as regards which the liability arises shall be charged to secure payment of the amount, and
(b)in consideration of the charge the authority will take no steps for a period specified in the agreement to recover any payment in respect of the amount.
(2)The regulations may include—
(a)provision that the agreement may also extend to any further amount the person may become liable to pay to the authority under section 43 or 45 above as regards the hereditament;
(b)provision that the agreement may provide for the payment of interest on sums outstanding and for interest payable to be secured by the charge;
(c)provision restricting the period which may be specified as mentioned in sub-paragraph (1)(b) above.]
Textual Amendments
F1Sch. 9 para. 4A inserted by Local Government and Housing Act 1989 (c. 42, SIF 81:1), s. 139, Sch. 5 para. 45
F2Words in Sch. 9 para. 4A substituted (6.3.1992) by 1992 c. 14, s. 117(1), Sch. 13 para. 87(3) (with s. 118(1)(2)(4))