1.—(1) This Order may be cited as the Insolvency (Northern Ireland) Order 2002.
(2) This Article and Articles 2(1) and (2), 11 and 12 shall come into operation on the expiration of one month from the day on which this Order is made.
(3) The other provisions of this Order shall come into operation on such day or days as the Department may by order appoint.
2.—(1) The Interpretation Act (Northern Ireland) 1954 (c. 33) applies to this Order as it applies to an Act of the Assembly.
(2) In this Order—
“the Department” means the Department of Enterprise, Trade and Investment;
“the Insolvency Order” means the Insolvency (Northern Ireland) Order 1989 (NI 19); and
“statutory provision” has the meaning given in section 1(f) of the Interpretation Act (Northern Ireland) 1954 (c. 33).
(3) For the purposes of the Financial Services and Markets Act 2000 (c. 8), the functions conferred on [F1the Financial Conduct Authority and the Prudential Regulation Authority] by virtue of Schedules 1 and 2 are to be treated as conferred by that Act.
F1Words in art. 2(3) substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), Sch. 2 para. 79