Section 383A “Opted-out creditor”F1
For the purposes of this Group of Parts “opted-out creditor” in relation to an office-holder for an individual means a person who—
is a creditor of the individual, and
in accordance with the rules has elected (or is deemed to have elected) to be (and not to cease to be) an opted-out creditor in relation to the office-holder.
In this section, “office-holder”, in relation to an individual, means—
where a bankruptcy order is made against the individual, the official receiver or the trustee in bankruptcy;
where an interim receiver of the individual's property is appointed, the interim receiver;
the supervisor of a voluntary arrangement approved under Part 8 in relation to the individual.
Annotations
Textual amendments
- F1
S. 383A inserted (26.5.2015 for specified purposes, 6.4.2017 for E.W. in so far as not already in force) by Small Business, Enterprise and Employment Act 2015 (c. 26), ss. 125(4), 164(1); S.I. 2015/1329, reg. 3(d); S.I. 2016/1020, reg. 4(d)
Notes on Part XI
Modifications
- C1
Second Group of Parts (Pts. 8-11) modified (31.12.1996) by 1991 c. 57, Sch. 10 (as substituted by 1995 c. 25, s. 120(1), Sch. 22 para. 183 (with ss. 7(6), 115, 117); S.I. 1996/2909, art. 3)
Second Group of Parts (Pts. 8-11) modified (11.11.1999 for specified purposes and 6.4.2002 otherwise) by 1999 c. 30, s. 12(1); S.I. 2002/153, art. 2(b)