Regulation 38 Grounds for variation
An application for variation of a debt payment programme may be made–
on agreement between a debtor and each creditor participating in the programme;
on agreement between a debtor and a creditor that a liability of the debtor to–
repay a sum due, shall be discharged; or
pay interest on a sum, shall be waived;
on a material change in the circumstances of a debtor;
where a debt due at the date of approval of that programme was omitted from the programme due to a mistake, oversight, or other reasonable cause;
where a future or contingent debt, known but not quantifiable at the date of approval of the programme, is quantified and due for payment; and
where a debtor requires credit to meet an essential requirement.
An application for variation shall not be made in respect of any other debt of a debtor.