Section 112AE — Tribunals, Courts and Enforcement Act 2007: Calculating the debtor's surplus income

Calculating the debtor's surplus income 112AE 1 The debtor's surplus income is to be calculated in accordance with regulations.

2 Regulations under this section must, in particular, make the following provision—

a provision about what is surplus income;

b provision about the period by reference to which the debtor's surplus income is to be calculated.

3 Regulations under this section may, in particular, provide for the debtor's assets to be taken account of when calculating his surplus income.