PART 5APPROVAL OF DEBT PAYMENT PROGRAMMES

Objection by a creditor23

1

A creditor may object to an application by a debtor for approval of a debt payment programme where the creditor considers that the debtor–

a

should be sequestrated; or

b

is in possession of heritable property with substantial unsecured value.

2

An objection under paragraph (1) must be made within 21 days after the date of intimation (which shall be the date of posting if applicable) of a request for consent under regulation 22.