Legislation – Tribunals, Courts and Enforcement Act 2007
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Tribunals, Courts and Enforcement Act 2007, Section 109 is up to date with all changes known to be in force on or before 01 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.![]()
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Part 5Debt management and relief
Chapter 4Debt management schemes
Introductory
109Debt management schemes
(1)
A debt management scheme is a scheme that meets the conditions in this section.
(2)
The scheme must be open to some or all non-business debtors.
(3)
A scheme is open to a non-business debtor if it allows him to make a request to the scheme operator for a debt repayment plan to be arranged for him.
(4)
The scheme must provide that, if such a request is made—
(a)
a decision must be made about whether a debt repayment plan is to be arranged for the non-business debtor, and
(b)
such a plan must be arranged (if that is the decision made).
(5)
The scheme must be operated by a body of persons (whether a body corporate or not).