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The Insolvency Amendment (EU 2015/848) Regulations 2017

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This is the original version (as it was originally made).

Amendments to the Insolvency (Northern Ireland) Order 1989

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96.—(1) The Insolvency (Northern Ireland) Order 1989(1) is amended as follows.

(2) In Article 2(2) (general interpretation)(2)—

(a)for ““the EC Regulation” means Council Regulation (EC) No 1346/2000;” substitute ““the EU Regulation” means Regulation (EU) 2015/848 of the European Parliament and of the Council;”; and

(b)in the appropriate places insert—

“EU insolvency proceedings” means insolvency proceedings as defined Article 2(4) of the EU Regulation"; and

“member State liquidator” means a person falling within the definition of “insolvency practitioner” in Article 2(3) of the EU Regulation appointed in respect of corporate insolvency proceedings listed in Annex A to the EU Regulation;.

(3) In Article 2A (proceedings under EC Regulation: modified definition of property)(3) and in the heading to that Article for “EC Regulation” substitute “EU Regulation”.

(2)

The definition of EC Regulation was inserted by S.R. 2002/223.

(3)

Article 2A was inserted by S.R. 2002/334.

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