Legislation – Tribunals, Courts and Enforcement Act 2007
Changes to legislation:
Tribunals, Courts and Enforcement Act 2007, Section 111 is up to date with all changes known to be in force on or before 17 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
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Part 5Debt management and relief
Chapter 4Debt management schemes
Approval of schemes
111Approval by supervising authority
(1)
The supervising authority may approve one or more debt management schemes.
(2)
Regulations may make provision about any or all of the following—
(a)
conditions that must be met before the supervising authority may approve a debt management scheme;
(b)
considerations that the supervising authority must, or must not, take into account in deciding whether to approve a debt management scheme.
(3)
Regulations under this section may, in particular, make provision about conditions or considerations that relate to any matter listed in Schedule 21.
(4)
The supervising authority may approve a debt management scheme whether a body is—
(a)
operating the scheme at the time of the approval, or
(b)
proposing to operate the scheme from a time in the future.