1. The Insolvency (Northern Ireland) Order 1989(1) shall be amended as specified in paragraphs 2 and 3.
2. In Article 2(3) (general interpretation) after “the winding up of a company” there shall be inserted “or where a company is in administration”.
3. In Article 5(1) (interpretation) —
(a)in the definition of “debt” after “winding up of a company” there shall be inserted “or where a company is in administration”;
(b)after sub-paragraph (a) (and before the semicolon) there shall be inserted “or enters administration”;
(c)in sub-paragraph (c) after “the liquidation” there shall be inserted “or in the administration” and at the end (and before the semicolon) there shall be inserted “or entered administration”.
4. The Insolvency (Northern Ireland) Order 2005 shall be amended as specified in paragraph 5.
5. In Schedule 2 paragraph 25 shall be omitted.