Explanatory Notes

Insolvency Act 2000

2000 CHAPTER 39

30 November 2000

Background

Right of peaceable re-entry under Administration Order and Individual Voluntary Arrangement procedure

9.At present a landlord or other person entitled to rent may thwart a rescue attempt by exercising the right of peaceable re-entry in order to bring a tenant's lease to an end.  The Act will prohibit that right, except with leave of court, whilst the company is subject to the administration order procedure and whilst an individual is subject to the individual voluntary arrangement procedure.