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2.—(1) The Interpretation Act (Northern Ireland) 1954F1 shall apply to Article 1 and the following provisions of this Order as it applies to a Measure of the Northern Ireland Assembly.
(2 )F2 In this Order—
[F3“the Bankruptcy Acts” means the Bankruptcy Acts (Northern Ireland) 1857 to 1980;]
“business” includes a trade or profession;
[F4“ the Companies Acts ” means the Companies Acts (as defined in section 2 of the Companies Act 2006) as they have effect in Northern Ireland;]
“the Companies Order” means the Companies (Northern Ireland) Order 1986;
F5“conditional sale agreement” and“hire‐purchase agreement” have the same meanings as in the Consumer Credit Act 1974F6;
[F3“corporate member” means an insolvent member which is a company;]
“the Department” means the Department of Economic Development;
[F7“the EC Regulation” means Council Regulation (EC) No. 1346/2000;]
[F8“ EEA State ” means a state that is a Contracting Party to the Agreement on the European Economic Area signed at Oporto on 2 nd May 1992 as adjusted by the Protocol signed at Brussels on 17 th March 1993;]
[F3“individual member” means an insolvent member who is an individual;
“insolvent member” means a member of an insolvent partnership, against whom an insolvency petition is being or has been presented;
“insolvency order” means—
(a) in the case of an insolvent partnership or a corporate member, a winding-up order; and
(b) in the case of an individual member, a bankruptcy order;
“insolvency petition” means—
(a) in the case of a petition presented against a corporate member, a petition for its winding up by the High Court; and
(b) in the case of a petition presented against an individual member, a petition to the Court for a bankruptcy order to be made against the individual,
where the petition is presented in conjunction with a petition for the winding up of the partnership by the Court as an unregistered company under the Order;]
“liability” means (subject to paragraph (4)) a liability to pay money or money's worth, including any liability under a statutory provision, any liability for breach of trust, any liability in contract, tort or bailment and any liability arising out of an obligation to make restitution;
“modifications” includes additions, alterations and omissions;
“office copy”, in relation to a document of the High Court, means a copy purporting to be sealed with the seal of the Court;
“the official receiver” means, in relation to any bankruptcy[F9, winding up or individual voluntary arrangement], any officer of the Department who by virtue of Article 355 or 357 is authorised to act as the official receiver in relation to that bankruptcy[F9, winding up or individual voluntary arrangement];
“prescribed”
(a)in Articles 48(3), 95(1), 212(h) and 222 and in Part XII, means prescribed by regulations; and
(b)except as provided in sub‐paragraph (a)[F10 in Article 150A(9)] and in paragraph 3 of Schedule 4, means prescribed by rules;
“property” includes money, goods, things in action, land and every description of property wherever situated and also obligations and every description of interest, whether present or future or vested or contingent, arising out of, or incidental to, property;
“records” includes computer records and other non‐documentary records;
“regulations” means regulations made by the Department subject (except in Article 359(5) [F11and paragraph 16 of Schedule A1]) to negative resolution;
[F3“responsible insolvency practitioner” means—
(a) in winding up, the liquidator; and
(b) in bankruptcy, the trustee,
and in either case includes the official receiver when so acting.]
“rules”, except in Article 350, means rules made under Article 359;
“statutory provision” has the meaning assigned to it by section 1(f) of the Interpretation Act (Northern Ireland) 1954F12;
“transaction” includes a gift, agreement or arrangement, and references to entering into a transaction shall be construed accordingly.
(3) In determining for the purposes of any provision in this Order whether any liability in tort is a debt provable in the winding up of a company [F13or where a company is in administration] or a bankruptcy debt, the company or, as the case may be, the bankrupt is deemed to become subject to that liability by reason of an obligation incurred at the time when the cause of action accrued.
(4) For the purposes of references in any provision of this Order to a debt or liability, it is immaterial whether the debt or liability is present or future, whether it is certain or contingent or whether its amount is fixed or liquidated, or is capable of being ascertained by fixed criteria or as a matter of opinion; and references in any such provision to owing a debt are to be read accordingly.
(5) In this Order (except Article 355(1)) references to the official receiver include an officer of the Department appointed under Article 357(1) as deputy official receiver.
(6) For the purposes of any provision in this Order whereby an officer of a company who is in default shall be guilty of an offence,“officer who is in default” means an officer of the company who knowingly and wilfully authorises or permits the default, refusal or contravention mentioned in the provision.
Annotations are used to give authority for changes and other effects on the legislation you are viewing and to convey editorial information. They appear at the foot of the relevant provision or under the associated heading. Annotations are categorised by annotation type, such as F-notes for textual amendments and I-notes for commencement information (a full list can be found in the Editorial Practice Guide). Each annotation is identified by a sequential reference number. For F-notes, M-notes and X-notes, the number also appears in bold superscript at the relevant location in the text. All annotations contain links to the affecting legislation.
F2 mod. by SR 2004/307
F3 SR 1991/366
F4 Art. 2(2): definition of "the Companies Acts" inserted (1.10.2007) by Companies Act 2006 (Commencement No. 3, Consequential Amendments, Transitional Provisions and Savings) Order 2007 (S.I. 2007/2194), arts. 1(3)(a), 10(1), Sch. 4 para. 55 (with art. 12)
F5 1986 NI 6
F7 SR 2002/223
F8 Art. 2(2): definition of "EEA State" inserted (18.10.2006) by Insolvency (Northern Ireland) Order 1989 (Amendment) Regulations (Northern Ireland) 2006 (S.R. 2006/370), reg. 3(2) (with reg. 4)
F9 Words in art. 2(2) in definition of "the official receiver" substituted (27.3.2006) by Insolvency (Northern Ireland) Order 2005 (S.I. 2005/1455 (N.I. 10)), arts. 1(3), 25, Sch. 8 para. 2 (with art. 4); S.R. 2006/21, art. 2 (with S.R. 2006/22, arts. 2 - 7)
F10 Words in art. 2(2) in para. (b) of the definition of "prescribed" inserted (27.3.2006) by Insolvency (Northern Ireland) Order 2005 (S.I. 2005/1455 (N.I. 10)), arts. 1(3), 7(2), (with art. 4); S.R. 2006/21, art. 2 (with S.R. 2006/22, arts. 2 - 7)
F11 2002 NI 6
F13 Words in art. 2(3) inserted (27.3.2006) by Insolvency (Northern Ireland) Order 2005 (Minor and Consequential Amendments) Order (Northern Ireland) 2006 (S.R. 2006/61), art. 2, Sch. para. 2 (with art. 4)
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