SCHEDULES

F1SCHEDULE 4ZAConditions for making a debt relief order

Annotations:
Amendments (Textual)
F1

Sch. 4ZA inserted (24.2.2009 for certain purposes otherwise 6.4.2009) by Tribunals, Courts and Enforcement Act 2007 (c. 15), ss. 108(2), 148(5), Sch. 18; S.I. 2009/382, art. 2

Part 1Conditions which must be met

Limit on debtor's monthly surplus income

7

1

The debtor's monthly surplus income (if any) on the determination date does not exceed the prescribed amount.

2

For this purpose “monthly surplus income” is the amount by which a person's monthly income exceeds the amount necessary for the reasonable domestic needs of himself and his family.

3

The rules may—

a

make provision as to how the debtor's monthly surplus income is to be determined;

b

provide that particular descriptions of income are to be excluded for the purposes of this paragraph.