Tribunals, Courts and Enforcement Act 2007

127Alternatives to termination
This section has no associated Explanatory Notes

(1)Regulations may make provision to allow the supervising authority to deal with a termination case other than by terminating the approval.

(2)A termination case is a case in which the supervising authority would be entitled to terminate the approval of a debt management scheme.

(3)Regulations under this section may, in particular, make provision to allow the supervising authority to transfer the operation of the scheme—

(a)to itself, or

(b)to any other body.