Section 95A(4)

In subsection (3)(c)(i) “ relevant percentage ” means— 1%, where the period from the date on which the debtor makes the payment under section 94 to the date fixed by the agreement for the discharge of the indebtedness of the debtor is more than one year, or 0.5%, where that period is equal to or less than one year.

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Source: legislation.gov.uk · retrieved 2026-07-30