- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
Statutory Rules of Northern Ireland
Insolvency
Made
27th May 2021
Coming into operation
30th June 2021
1. This Order may be cited as the Insolvency (Amendment) (2016 Act) (Consequential Amendments and Revocation) Order (Northern Ireland) 2021 and comes into operation on 30th June 2021.
2. Omit rule 5.01 of the Insolvency Rules (Northern Ireland) 1991(3).
3.—(1) The Insolvency Regulations (Northern Ireland) 1996(4) are amended as follows,
(2) In Regulation 3 (interpretation and application)—
(a)in paragraph 1—
(i)omit the definition of “debtor”;
(ii)in the definition of “trustee” omit paragraph (b) and the preceding “and”;
(b)in paragraph 5 omit sub-paragraph (c).
(3) For the cross-heading to “Part 6” substitute “USE OF ELECTRONIC COMMUNICATIONS”.
(4) Omit regulations 38 to 49.
(5) Omit Schedule 2.
(6) In paragraph 7 of Schedule 3, in the table –
(a)in the first column, omit the entries from “39” to the end;
(b)in the second column, omit the entries from “38” to the end.
4. In the Pension Protection Fund (Entry Rules) Regulations (Northern Ireland) 2005(5), in regulation 6, omit paragraph (2).
5. In the Insolvency Practitioners Regulations (Northern Ireland) 2006(6), in paragraph 7 of Schedule 3, omit sub-paragraph (d).
6.—(1) — In the Insolvency (Fees) Order (Northern Ireland) 2006(7), in Article 4, in the heading, omit “, deeds of arrangement”.
(2) In Schedule 2 to that Order—
(a)in paragraph 1(1), omit the definition of “the registrar”;
(b)in paragraph 2, in the Table of Fees, omit—
(i)the entries for fees 1 to 8;
(ii)the headings in the first, second and third columns relating to those entries;
(iii)“Fees payable in respect of deeds of arrangement only”.
7. In the Rates (Unoccupied Hereditaments) Regulations (Northern Ireland) 2011(8), in the Schedule, omit paragraph 13.
8. In the Insolvency (Fees) (Amendment No. 2) Order (Northern Ireland) 2011(9), in the heading to article 5, omit “, deeds of arrangement”.
9. The Deeds of Arrangement Regulations (Northern Ireland) 1996(10) are revoked.
Sealed with the Official Seal of the Department for the Economy on 27 May 2021
(L.S.)
Colin Jack
A senior officer of the Department for the Economy
(This note is not part of the -Order)
This Order revokes the Deeds of Arrangement Regulations (Northern Ireland) 1996 and makes amendments to subordinate legislation consequential to the repeal by section 11 of the Insolvency (Amendment) Act (Northern Ireland) 2016 (2016 c. 2 (N.I.)) of Chapter 1 of Part 8 of the Insolvency (Northern Ireland) Order 1989 (S.I. 1989/2405 (N.I. 19)) which made provision for deeds of arrangement.
A Regulatory Impact Assessment has not been produced for this Order as it will have no effect on the costs of business or the voluntary sector.
Formerly the Department of Enterprise, Trade and Investment; see section 1(3) of the Departments Act (Northern Ireland) 2016 (c. 5 (N.I.))
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Rule and provides information about its policy objective and policy implications. They aim to make the Statutory Rule accessible to readers who are not legally qualified and accompany any Northern Ireland Statutory Rule or Draft Northern Ireland Statutory Rule laid before the UK Parliament during the suspension of the Northern Ireland Assembly.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: