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Explanatory Memorandum to Insolvency (Northern Ireland) Order 2005

Article 27: Insolvency Account: interest

Article 27 amends Schedules 5 and 6 to the Insolvency (NI) Order 1989 so that company and individual insolvency rules may enable the Department to set the rate of interest payable on monies in the Insolvency Account.

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