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The Insolvency (Northern Ireland) Order 2005 (Minor and Consequential Amendments) Order (Northern Ireland) 2006

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The Pension Protection Fund (Entry Rules) Regulations (Northern Ireland) 2005

26.  In regulation 6 (circumstances in which insolvency proceedings in relation to the employer are stayed or come to an end)—

(a)for sub-paragraph (a)(iii) of paragraph (1) there shall be substituted—

(iii)the appointment of an administrator in respect of the company ceases to have effect except where—

(aa)the company moves from administration into winding up pursuant to paragraph 84 (moving from administration to creditor’s voluntary liquidation) of Schedule B1 (administration) to that Order or pursuant to an order of the High Court under Rule 2.133 of the Insolvency Rules (conversion of administration to winding up – power of court), or

(bb)a winding up order is made by the High Court immediately upon the appointment of the administrator ceasing to have effect;,

(b)for sub-paragraph (a)(v) of paragraph (1) there shall be substituted—

(v)all proceedings in the winding up of the company are stayed altogether or an order for the winding up of the company is rescinded or discharged except in circumstances where the High Court has made an administration order in accordance with paragraph 38 or 39 (application where company in liquidation) of Schedule B1 to that Order;,

(c)for sub-paragraph (c)(iii) of paragraph (1) there shall be substituted—

(iii)an administration order in relation to a partnership under Part III of that Order (administration orders) is discharged except where—

(aa)a winding up order is made by the High Court immediately upon the discharge of the administration order, or

(bb)the discharge is pursuant to an order of the High Court for the administration to be converted into winding up under Rule 2.65(1) of the Insolvency Rules (conversion of administration into winding up – power of court) as those Rules stood before the coming into operation of the Insolvency (Amendment) Rules (Northern Ireland) 2006, or.

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