260 Income payments agreement
Enterprise Act 2002 (2002 c 40) | Legislation

260  Income payments agreement

The following shall be inserted after section 310 of the Insolvency Act 1986 (c 45) (income payments order)—

“310A Income payments agreement

(1)     In this section “income payments agreement” means a written agreement between a bankrupt and his trustee or between a bankrupt and the official receiver which provides—

(a)     that the bankrupt is to pay to the trustee or the official receiver an amount equal to a specified part or proportion of the bankrupt's income for a specified period, or

(b)     that a third

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