Early repayment
This section has no associated Explanatory Memorandum
29. In section 82 (variation of agreements), after subsection (2A)(1), insert—
“(2B) Subsection (2) does not apply if the modifying agreement varies—
(a)the amount of the repayment to be made under the earlier agreement, or
(b)the duration of the agreement,
as a result of the discharge of part of the debtor’s indebtedness under the earlier agreement by virtue of section 94(3).”.
(1)
Section 82(2A) was inserted by S.I. 2005/2967.