Legislation – Tribunals, Courts and Enforcement Act 2007
Changes to legislation:
Tribunals, Courts and Enforcement Act 2007, Section 128 is up to date with all changes known to be in force on or before 07 April 2026. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.![]()
Changes to Legislation
Changes and effects yet to be applied by the editorial team are only applicable when viewing the latest version or prospective version of legislation. They are therefore not accessible when viewing legislation as at a specific point in time. To view the ‘Changes to Legislation’ information for this provision return to the latest version view using the options provided in the ‘What Version’ box above.
Part 5Debt management and relief
Chapter 4Debt management schemes
Effects of end of approval
128Effects of end of approval
(1)
Regulations may make provision about the effects if the approval of a debt management scheme comes to an end.
(2)
Regulations under this section may, in particular, make provision about the treatment of debt repayment plans arranged for non-business debtors before the scheme came to an end.
(3)
That includes provision to treat a plan—
(a)
as though the approval had not come to an end, or
(b)
as though the plan had been made in accordance with a different approved scheme.
(4)
Regulations under this section may, in particular, make provision about cases where, at the time the scheme comes to an end, the scheme operator is in breach of a relevant obligation.
(5)
That includes provision to ensure that the operator is not released from the relevant obligation by virtue of the termination.
(6)
In subsections (4) and (5)
“relevant obligation” means any obligation (including a requirement or condition) however arising, that relates to—
(a)
the scheme in question (including its operation),
(b)
the approval of that scheme, or
(c)
the termination of that approval.