Explanatory Notes

Tribunals, Courts and Enforcement Act 2007

2007 CHAPTER 15

19th July 2007

Part 5: Debt Management and Relief

Commentary on Sections: Part 5

Part 2 - Other conditions
Schedule 21 – Regulations under sections 111 and 113
Section 124: Charges by operator of approved schemes

605.This section allows the operator of an approved scheme to recover its costs from either debtors or affected creditors (defined in section 131(1)) or both. The definition of “costs” in subsection (2) will ensure that only reasonable costs are charged.