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Definition in primary legislation
of
Deferred payment agreement
from
Care Act 2014, S.34
Source
(2) A 'deferred payment agreement' is an agreement under which a local authority agrees not to require until the specified time either or both of the following-- (a) the payment of the specified part of the amounts due from an adult to the authority under such provision of this Part or of regulations under this Part as is specified in regulations; (b) the repayment of the specified part of a loan made under the agreement by the authority to an adult for the purpose of assisting the adult to obtain the provision of care and support for the adult.
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