The Administration (Restrictions on Disposal etc. to Connected Persons) Regulations (Northern Ireland) 2021
PART 1
Introductory provisions
1
Citation, commencement and application
2
Interpretation
PART 2
Restrictions on disposal of property by administrators
CHAPTER 1
GENERAL
3
Conditions and requirements that apply in respect of a substantial disposal by the administrator
CHAPTER 2
CONDITION AS TO CREDITOR APPROVAL
4
Creditor approval
CHAPTER 3
CONDITION AS TO THE OBTAINING OF A QUALIFYING REPORT
5
Qualifying report: meaning of qualifying report
6
Qualifying report: requirements to be met in connection with obtaining and considering the report
7
Qualifying report: required content
8
Qualifying report: additional requirements where previous report obtained
CHAPTER 4
NOTIFICATION OF QUALIFYING REPORT TO REGISTRAR AND TO CREDITORS
9
Notification requirements where a qualifying report is obtained
PART 3
The Evaluator
10
Requirements for acting as evaluator
11
The requirement as to insurance
12
Requirement as to independence
13
Exclusion from providing the report
Draft Regulations laid before the Assembly under paragraph 61A(8) of Schedule B1, to the Insolvency (Northern Ireland) Order 1989 for approval
2021 No. 000

Insolvency

The Administration (Restrictions on Disposal etc. to Connected Persons) Regulations (Northern Ireland) 2021
Made
00th June 2021
Coming into operation
25th June 2021
The Department for the Economy makes the following Regulations in exercise of the powers conferred by paragraph 61A(1), (2) and (7) of Schedule B1 to the Insolvency (Northern Ireland) Order 1989 .
Formerly the Department of Economic Development, see Article 3(5) of the Departments (Northern Ireland) Order 1999 (S.I. 1999/283 (N.I. 1)) and the Department of Enterprise, Trade and Investment, see section 1(3) of the Departments Act (Northern Ireland) 2016 (2016 c. 5 (N.I.)).
S.I. 1989/2405 (N.I. 19). Schedule B1 was inserted by Article 3(2) of and Schedule 1 to the Insolvency (Northern Ireland) Order 2005 (S.I. 2005/1455 (N.I. 10)). Paragraph 61A of Schedule B1 was inserted by section 9(5) of the Corporate Insolvency and Governance Act 2020 (2020 c. 12).