SCHEDULE 1Amendments to the Insolvency Rules 1986
Amendments to Rule 5.5264
1
Rule 5.5 (statement of affairs) is amended as follows.
2
In paragraph (1)—
a
for “within 7 days after his” substitute “at the same time as the”;
b
omit “or such longer time as the latter may allow,”;
c
for “his (the debtor’s)” substitute “the debtor’s”.
3
In paragraph (3)(f)—
a
after “report” insert “on the debtor’s proposal”; and
b
for “on the debtor’s proposal” substitute “or to the debtor’s creditors as the case may be”.
4
In paragraph (4) omit “to the court”.
5
For paragraph (5), substitute—
The statement must be verified by a statement of truth made by the debtor.