[F19(1)A bankruptcy restrictions undertaking—E+W
(a)shall come into force on being accepted by the Secretary of State, and
(b)shall cease to have effect at the end of a date specified in the undertaking.
(2)The date specified under sub-paragraph (1)(b) must not be—
(a)before the end of the period of two years beginning with the date on which the undertaking is accepted, or
(b)after the end of the period of 15 years beginning with that date.
(3)On an application by the bankrupt the court may—
(a)annul a bankruptcy restrictions undertaking;
(b)provide for a bankruptcy restrictions undertaking to cease to have effect before the date specified under sub-paragraph (1)(b).]
Textual Amendments
F1Sch. 4A inserted (1.4.2004) by 2002 c. 40, ss. 257(2), 279, Sch. 20 (with s. 249(6)); S.I. 2003/2093, art. 2(2), Sch. 2 (subject to arts. 3-8 (as amended by S.I. 2003/2332, art. 2))