Tribunals, Courts and Enforcement Act 2007 (c. 15)

Part 5 E+W Debt management and relief

Prospective

Chapter 4 E+W Debt management schemes

Effect of plans etc. E+W

117 Charging of interest etc. E+W

(1) This section applies in relation to a non-business debtor during a period of protection.

(2) No qualifying creditor is to charge any sum by way of interest, fee or other charge in respect of a qualifying debt, unless—

(a) regulations provide otherwise, or

(b) the creditor has the permission of [F1 the county court].

(3) [F1 The county court] may give permission for the purposes of subsection (2)(b) subject to such conditions as it thinks fit.

Textual Amendments

F1 Words in ss. 115-118 substituted (22.4.2014) by Crime and Courts Act 2013 (c. 22), s. 61(3), Sch. 9 para. 52; S.I. 2014/954, art. 2(c) (with art. 3) (with transitional provisions and savings in S.I. 2014/956, arts. 3-11)