Of the nearly ten thousand concluded PDH possession court proceedings,21 more than half (54%) have concluded without a possession order being granted, the majority of these cases (c.80%) being renegotiated, settled on other terms or with arrears cleared by the borrower.
I am confident that, if we approach the issue with these principles in mind, it would assuage many apprehensions of members. In the context of the review of the 1977 Decision, my understanding is that the Decision derives its legal basis from Article IV Section 3(b) on surveillance over members’ exchange arrangements.