The Administration (Restrictions on Disposal etc. to Connected Persons) Regulations 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 OF COMPANIES 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 Parliament under paragraph 60A(9) of Schedule B1 to the Insolvency Act 1986 for approval by resolution of each House of Parliament.
2021 No. 000

Insolvency

The Administration (Restrictions on Disposal etc. to Connected Persons) Regulations 2021
Made ***
Coming into force ***
The Secretary of State makes these Regulations in exercise of the powers conferred by paragraph 60A(1), (2) and (7) of Schedule B1 to the Insolvency Act 1986 .
In accordance with paragraph 60A(9) of that Schedule, a draft of this instrument was laid before Parliament and approved by a resolution of each House of Parliament.
1986 c. 45. Schedule B1 was inserted by section 248 of the Enterprise Act 2002 (c. 40). Paragraph 60A of that Schedule was inserted by section 129 of the Small Business, Enterprise and Employment Act 2015 (c. 26). That paragraph expired at the end of 25th May 2020 and was revived by section 8 of the Corporate Insolvency and Governance Act 2020 (c. 12) with effect from the beginning of 26th June 2020.