Section 383A

For the purposes of this Group of Parts “opted-out creditor” in relation to an office-holder for an individual means a person who— is a creditor of the individual, and in accordance with the rules has elected (or is deemed to have elected) to be (and not to cease to be) an opted-out creditor in relation to the office-holder. In this section, “office-holder”, in relation to an individual, means— where a bankruptcy order is made against the individual, the official receiver or the trustee in bankruptcy; where an interim receiver of the individual's property is appointed, the interim receiver; the supervisor of a voluntary arrangement approved under Part 8 in relation to the individual.

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Source: legislation.gov.uk · retrieved 2026-09-04