Part 4: Enforcement of Judgments and Orders Schedule 15: Attachment of earnings orders: deductions at fixed rates Section 94: Charging orders: power to set financial thresholds
433.This section inserts a new section 3A into the COA 1979 to provide a power for the Lord Chancellor to specify financial thresholds below which a court cannot make i) a charging order and/or ii) an order for sale. The first of such regulations is to be subject to the affirmative resolution procedure, and any subsequent regulations are to be subject to the negative resolution procedure.