Draft Regulations laid before the Assembly under paragraph 61A(8) of Schedule B1, to the Insolvency (Northern Ireland) Order 1989 for approval

Draft Statutory Rules of Northern Ireland

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(1) 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(2).

(1)

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.)).

(2)

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).