Section 117 Charging of interest etc.
Not yet in force
(1)
This section applies in relation to a non-business debtor during a period of protection.
(2)
No qualifying creditor is to charge any sum by way of interest, fee or other charge in respect of a qualifying debt, unless—
(a)
regulations provide otherwise, or
(b)
the creditor has the permission of F1the county court.
(3)
The county court may give permission for the purposes of subsection (2)(b) subject to such conditions as it thinks fit.
Annotations
Textual amendments
- F1
Words in ss. 115-118 substituted (22.4.2014) by Crime and Courts Act 2013 (c. 22), s. 61(3), Sch. 9 para. 52; S.I. 2014/954, art. 2(c) (with art. 3) (with transitional provisions and savings in S.I. 2014/956, arts. 3-11)