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The Insolvency (Amendment) Rules 1995

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Citation and commencement

1.  These Rules may be cited as the Insolvency (Amendment) Rules 1995 and shall come into force on 1 April 1995.

Interpretation

2.  In these Rules references to “the principal Rules” are to the Insolvency Rules 1986(1) and a Rule referred to by number means the Rule so numbered in the principal Rules.

Application

3.—(1) Subject to paragraph (2), the principal Rules shall have effect subject to the amendments set out in the Schedule to these Rules.

(2) The amendments to the principal Rules set out in the Schedule to these Rules shall not apply in relation to—

(a)winding-up proceedings commenced before 1 April 1995, or

(b)bankruptcy proceedings where the bankruptcy petition was presented before that day.

Mackay of Clashfern

6th March 1995

I concur, on behalf of the Secretary of State

Jonathan Evans

Parliamentary Under-Secretary of State,

Department of Trade and Industry

6th March 1995

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