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Part 5 E+WDebt management and relief

Prospective

Chapter 4E+WDebt management schemes

VariousE+W

131Main definitionsE+W

(1)In this Chapter—

  • affected creditor” has the meaning given by section 122;

  • approved scheme” means a debt management scheme that is approved under section 111;

  • debt management scheme” has the meaning given by section 109;

  • debt repayment plan” has the meaning given by section 110;

  • non-business debtor” means any individual who—

    (a)

    is a debtor under one or more qualifying debts, but

    (b)

    is not a debtor under any business debts;

  • period of protection” has the meaning given by section 133;

  • qualifying creditor” means a creditor under a qualifying debt;

  • scheme operator” means the body that operates a debt management scheme;

  • specified debt” means a debt specified in a debt repayment plan;

  • supervising authority” has the meaning given by section 129.

F1(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F1S. 131(2) omitted (22.4.2014) by virtue of Crime and Courts Act 2013 (c. 22), s. 61(3), Sch. 9 para. 136(b); S.I. 2014/954, art. 2(c) (with art. 3) (with transitional provisions and savings in S.I. 2014/956, arts. 3-11)