4.3.8.70 Effect of garnishee order on instalment of PLP
Introduction
An instalment (1.1.I.80) is absolutely inalienable until the instalment of PLP has been paid into a bank account. At that point, the payment loses its character as an instalment and consequently its inalienability.
However, instalment amounts that have been paid into an account are protected, under some circumstances, from a garnishee order made by a court. Garnishee orders do not apply to a saved amount (1.1.S.10). The saved amount is worked out as follows:
- Step 1 - work out the total amount of the instalments that have been paid to the credit of the account during the 4-week period immediately before the court order came into force.
- Step 2 - subtract from the Step 1 amount the total amount withdrawn from the account during the same 4-week period.
- The result is the saved amount.