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Section 124: Charges by operator of approved scheme

Tribunals, Courts and Enforcement Act 2007 · 2007 c. 15View on legislation.gov.uk

Part 5: Debt management and relief — Chapter 4: Debt management schemes

The operator of an approved scheme may recover its costs by charging debtors or affected creditors (or both).

In this section—

  • "costs" means the costs which the operator incurs, taking one year with another, in connection with the approved scheme, so far as those costs are reasonable;

  • "debtors" means—

    (a)debtors who make requests for debt repayment plans to be arranged in accordance with the approved scheme, and

    (b)debtors for whom debt repayment plans are arranged in accordance with the approved scheme.

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.