SIOG9465 - Settlement by agreement: means to fund the offer: number and amount of instalment payments
It is undesirable for administrative reasons to have instalments that exceed four per annum. »Ê¹ÚÌåÓýapp frequent payment of small sums should be discouraged.
»Ê¹ÚÌåÓýappre is scope for considerable flexibility in the agreement of an instalment arrangement, particularly where we are reassured by a significant initial payment, the granting of a legal charge over assets and (where appropriate) a joint and several offer, and so on.
»Ê¹ÚÌåÓýapp instalments may be end loaded, with differential instalments, where there is a severe initial difficulty but the expectation of asset realisation or enhanced profits to come.