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SCHEDULES

SCHEDULE 4N.I.DURATION OF BANKRUPTCY: TRANSITIONAL PROVISIONS

Income payments orderN.I.

7.—(1) This paragraph applies where—N.I.

(a)a pre-commencement bankrupt is discharged by virtue of paragraph 4(1)(a), and

(b)an income payments order is in force in respect of him immediately before his discharge.

(2) If the income payments order specifies a date after which it is not to have effect, it shall continue in force until that date (and then lapse).

(3) But the High Court may on the application of the pre-commencement bankrupt—

(a)vary the income payments order;

(b)provide for the income payments order to cease to have effect before the date referred to in sub-paragraph (2).

Commencement Information

I1Sch. 4 paras. 1-7 wholly in operation at 27.3.2006, see art. 1(3) and S.R. 2006/21, art. 2 (subject to S.R. 2006/22, arts. 2-7)