http://www.legislation.gov.uk/nisr/2005/398/noteThe Bankruptcy (Financial Services and Markets Act 2000) Rules (Northern Ireland) 2005Reference librariesINSOLVENCYStatute Law Database2024-06-28Expert Participation2013-04-01 These Rules modify the Insolvency Rules (Northern Ireland) 1991 in relation to a demand made by the Financial Services Authority (under section 372(4)(a) of the Financial Services and Markets Act 2000) to an individual that he establish to the Authority’s satisfaction that he has a reasonable prospect of being able to pay a regulated activity debt when it falls due. (This note is not part of the Rules.)

These Rules modify the Insolvency Rules (Northern Ireland) 1991 in relation to a demand made by the Financial Services Authority (under section 372(4)(a) of the Financial Services and Markets Act 2000) to an individual that he establish to the Authority’s satisfaction that he has a reasonable prospect of being able to pay a regulated activity debt when it falls due.

The Rules make provision, amongst other things, as to the form and content of a demand, information to be given in a demand, requirements as to service and applications to set aside a demand.