The Principal Act is amended -
(a) in section 130 by inserting the following definitions:
"'Act of 2012' means the Personal Insolvency Act 2012;
'insolvency arrangement' means a Debt Settlement Arrangement or, as the case may be, a Personal Insolvency Arrangement (both within the meaning of section 2(1) of the Act of 2012);",
(b) in section 130 by substituting the following for "relevant event":
"'relevant event' means, in relation to a relevant residential property -
(a) the sale of the property, within the meaning of section 125, by or on behalf of a liable person who has claimed a deferral, or
(b) the completion of an insolvency arrangement, whether in accordance with its terms or its early termination, under Part 3 of the Act of 2012;",
(c) in section 131 by substituting the following for subsection (2):
"(2) A claim for deferral shall be valid if the conditions referred to in -
(a) section 132 or, as the case may be, that section and section 133,
(b) section 133A (inserted by the
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