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Tribunals, Courts and Enforcement Act 2007

Tribunals, Courts and Enforcement Act 2007

2007 CHAPTER 15

Part 5: Debt Management and Relief

Commentary on Sections: Part 5

Part 2 - Other conditions
Schedule 21 – Regulations under sections 111 and 113
Section 117: Charging of interest etc.

593.This section sets out the third requirement; during a period of protection, qualifying creditors are prohibited from charging any interest, fee or other charge in respect of a qualifying debt unless regulations provide otherwise or the creditor has permission of a county court.

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