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SCHEDULES

Prospective

SCHEDULE 15E+WAttachment of earnings orders: deductions at fixed rates

Part 1 E+WMain amendments

Insertion of new section 6AE+W

3E+WAfter section 6 insert—

6AThe fixed deductions scheme

(1)In this Act “fixed deductions scheme” means any scheme that the Lord Chancellor makes which specifies the rates and frequencies at which deductions are to be made under attachment of earnings orders so as to secure the repayment of judgment debts.

(2)The Lord Chancellor is to make the fixed deductions scheme by regulations.

(3)The power to make regulations under subsection (2) is exercisable by statutory instrument.

(4)The Lord Chancellor may not make a statutory instrument containing the first regulations under subsection (2) unless a draft of the instrument has been laid before, and approved by resolution of, each House of Parliament.

(5)A statutory instrument containing any subsequent regulations under subsection (2) is subject to annulment in pursuance of a resolution of either House of Parliament.