Section 131: Main definitions

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

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

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.

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