(1) The enforcement creditor and enforcement debtor for an enforceable money order of the court may enter into an agreement (an instalment order agreement )—
(a) stating—
(i) the amount agreed by them to be owing by the enforcement debtor to the enforcement creditor under the money order; and
(ii) by what instalments payable at what times the amount owing is to be paid; or
(b) revoking or amending an instalment order in force in relation to the money order.
Note See approved form 2.55 (Instalment order agreement) AF2006-300
.
(2) An agreement has no effect unless it is signed by the enforcement creditor and enforcement debtor and each signature is witnessed.
(3) If an agreement in accordance with this rule is filed in the court, the court must make an instalment order—
(a) for an agreement under subrule (1) (a)—for the payment of the order debt by the instalments payable at the times stated in the agreement; or
(b) for an agreement under subrule (1) (b)—revoking or amending the instalment order as stated in the agreement.
Note See approved form 2.56 (Instalment order by agreement) AF2006-301
.