The Administration (Restrictions on Disposal etc. to Connected Persons) Regulations (Northern Ireland) 2021

Interpretation

This section has no associated Explanatory Memorandum

2.  In these Regulations—

“the Order” means the Insolvency (Northern Ireland) Order 1989;

“the company” means the company whose business or assets are the subject of the substantial disposal;

“qualifying report” has the meaning given to it in regulation 5;

“previous report” has the meaning given to it in regulation 8;

“relevant property” means the property being disposed of, hired out or sold by the substantial disposal;

“Schedule B1” means Schedule B1 to the Order;

“substantial disposal” has the meaning given to it in regulation 3.