The Insolvency Act 2000 (Commencement No. 1 and Transitional Provisions) Order 2001

Explanatory Note

(This note is not part of the Order)

Article 2 of this Order provides for the coming into force on the appointed day of the following provisions of the Insolvency Act 2000 (c. 39)

  • sections 5, 6, 7, 8 (Disqualification of company directors etc.) and Schedule 4,

  • sections 9 (Administration orders), 10 (Investigation and prosecution of malpractice), 11 (Restriction of Use of answers obtained under compulsion), 12 (Insolvent estates of deceased persons) and 13 (Bankruptcy: interest on sums held in Insolvency Services Account), and

  • section 15(1) (Repeals) and certain repeals contained in Schedule 5.

The appointed day for these provisions is 2nd April 2001.

Article 3 of this Order makes transitional provisions for specific cases relating to amendments made by sections 7, 9 and 10 of, and Schedules 4 and 5 to, the Insolvency Act 2000.

The cost to business of the commencement of these provisions in the Insolvency Act 2000 is detailed in the Regulatory Impact Assessment. Copies of the Assessment are available from the Policy Unit, The Insolvency Service, 21 Bloomsbury Street, London WC1B 3QW.