# The Insolvency Rules 1986, Rule 6.193A: Approval of income payments agreements


(1) An income payments agreement can only be entered into prior to the discharge of the bankrupt.
(2) Where an income payments agreement is to be entered into between the official receiver or trustee and the bankrupt under section 310A(1), the official receiver or trustee shall provide an income payments agreement to the bankrupt for his approval.
(3) Within 14 days or such longer period as may be specified by the official receiver or trustee (whichever is appropriate) from the date on which the income payments agreement was sent, the bankrupt shall—
(a) if he decides to approve the draft income payments agreement, sign the agreement and return it to the official receiver or trustee (whichever is appropriate); or
(b) if he decides not to approve the agreement, notify the official receiver or trustee (whichever is appropriate) in writing of his decision.

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Source: https://www.legislation.gov.uk/uksi/1986/1925/rule/6.193A (the official version)
Page: https://openlegislation.uk/insolvency-rules-1986/rule-6.193A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.