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Tribunals, Courts and Enforcement Act 2007

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    Part 5: Debt Management and Relief

    Commentary on Sections: Part 5

    Part 2 - Other conditions
    Schedule 21 – Regulations under sections 111 and 113
    Section 128: Effects of end of approval

    609.Where the approval of a scheme comes to an end (for whatever reason), this section enables regulations to specify what effect this will have on existing DRPs under that scheme. The section provides an important safeguard for debtors by allowing such regulations to specify that plans can continue to operate, where appropriate, as though the scheme is still approved or as though the plan had been made under a different approved scheme.

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