The Insolvency (Northern Ireland) Order 2002

Administration orders

This section has no associated Explanatory Memorandum

7.—(1) Part III of the Insolvency Order (administration orders) shall be amended as follows.

(2) In Article 23 (effect of application), after sub-paragraph (a) of paragraph (1) there shall be inserted—

(aa)no landlord or other person to whom rent is payable may exercise any right of forfeiture by peaceable re-entry in relation to premises let to the company in respect of a failure by the company to comply with any term or condition of its tenancy of such premises, except with the leave of the High Court and subject to such terms as the Court may impose.

(3) In Article 24 (effect of order), after sub-paragraph (b) of paragraph (3) there shall be inserted—

(ba)no landlord or other person to whom rent is payable may exercise any right of forfeiture by peaceable re-entry in relation to premises let to the company in respect of a failure by the company to comply with any term or condition of its tenancy of such premises, except with the consent of the administrator or the leave of the High Court and subject (where the Court gives leave) to such terms as the Court may impose;.