Section 131 Main definitions

In this Chapter—

• “affected creditor” has the meaning given by section 122;

• “approved scheme” means a debt management scheme that is approved under section 111;

• “debt management scheme” has the meaning given by section 109;

• “debt repayment plan” has the meaning given by section 110;

• “non-business debtor” means any individual who—

  1. (a)

     is a debtor under one or more qualifying debts, but

  2. (b)

     is not a debtor under any business debts;

• “period of protection” has the meaning given by section 133;

• “qualifying creditor” means a creditor under a qualifying debt;

• “scheme operator” means the body that operates a debt management scheme;

• “specified debt” means a debt specified in a debt repayment plan;

• “supervising authority” has the meaning given by section 129.

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