Repayment plan requirements define mandatory contents, funding priority, guarantor budget and resolution professional duties for repayment plans. The repayment plan must set out its term and implementation schedule with repayment amounts and dates, identify funding sources with resolution process costs prioritized, provide a minimum budget covering reasonable expenses of the guarantor and dependants while allocating a portion of realisable income to debt repayment, specify required financing and management of any guarantor business including the role of the resolution professional, set out handling of funds held for the plan, define the resolution professional's functions, allow variation of onerous contractual terms, list excluded assets and debts, and state terms for guarantor discharge.