The Insolvency (Amendment) Rules 2010

EXPLANATORY NOTE

(This note is not part of the Rules)

These Rules make numerous amendments to the Insolvency Rules 1986. Except as noted below, they apply in England and Wales only.

Rule 2 introduces Schedule 1, which contains 559 paragraphs of amendments:

• paragraph 1 contains amendments which apply throughout the 1986 Rules, other than in Schedule 4 (forms);

• paragraphs 2 to 500 contain specific amendments to particular Rules and insert some new Rules: the amendments in paragraphs 111 (Rule 3.1) and 137 (Rule 3.39) apply also in Scotland to the extent provided by Rule 0.3(2) of the 1986 Rules;

• paragraph 501 contains amendments to the list of courts in which bankruptcy petitions may be presented;

• paragraph 502 deletes a large number of forms and contains amendments which apply throughout the remaining forms;

• paragraphs 503 to 557 contain specific amendments to particular forms;

• paragraph 558 provides for the replacement of ten forms with nine new ones, as set out in Schedule 2;

• paragraph 559 amends Schedule 5 to the 1986 Rules (punishment of offences).

Rule 3 introduces Schedule 2, which sets out the nine new forms provided for in paragraph 558 of Schedule 1.

Rule 4 inserts a new Part 12A into the Rules, as set out in Schedule 3.

Rule 5 revokes a number of the 1986 Rules.

Rule 6 introduces Schedule 4, which sets out transitional provisions, and provides a special transitory provision in respect of annual meetings in voluntary liquidations (which are being abolished).

Rule 7 introduces Schedule 5, which provides for amendment to the provisions applying to administrations which continue to be governed by the law as it stood before the Enterprise Act 2002.

Rule 8 inserts an additional transitional provision into the Insolvency (Amendment) Rules 2009.