Search Legislation

Insolvency Act 1985

 Help about what version

What Version

 Help about advanced features

Advanced Features

Changes to legislation:

There are currently no known outstanding effects for the Insolvency Act 1985. Help about Changes to Legislation

Close

Changes to Legislation

Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.

SCHEDULES

Section 8.

SCHEDULE 1U.K. Insolvency Practitioners Tribunal

1—4.U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1

Supervision by Council on TribunalsU.K.

F25U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Parliamentary disqualificationU.K.

6(1)In Part III of Schedule 1 to the M1House of Commons Disqualification Act 1975 (disqualifying offices), there shall be inserted at the appropriate place the following entry—U.K.

Any member of the Insolvency Practitioners Tribunal in receipt of remuneration.

(2)A corresponding amendment shall be made in Part III of Schedule 1 to the M2Northern Ireland Assembly Disqualification Act 1975.

Marginal Citations

SCHEDULE 2U.K. . . . F3

SCHEDULES 3—5U.K. . . . F4

Section 109.

F5SCHEDULE 6U.K. Amendments of 1985 Act

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F5Sch. 6 repealed (6.4.2008 for the repeal of Sch. 6 paras. 11, 12 and further repealed 1.10.2009) by Companies Act 2006 (c. 46), s. 1300(2), Sch. 16; S.I. 2007/3495, art. 8(a), Sch. 2 Pt. 1 (with arts. 712); S.I. 2008/2860, art. 4, Sch. 1 Pt. 1 (with arts. 7 8 Sch. 2) (which transitional provisions in Sch. 2 are amended (1.10.2009) by S.I. 2009/2476, arts. 1(3), 2(3)(4) and by S.I. 2009/1802, arts. 1, 18, Sch.)

SCHEDULE 7U.K. . . . F27

Section 235.

SCHEDULE 8U.K. Consequential Amendments

The M3Bills of Sale Act (1878) Amendment Act 1882U.K.

Marginal Citations

1U.K.In section 11 of the Bills of Sale Act (1878) Amendment Act 1882 (local registration of bills of sale), for the words “the London bankruptcy district as defined by the Bankruptcy Act 1869” and the words “the said London bankruptcy district” there shall be substituted, in each case, the words “the London insolvency district”.

The M4Deeds of Arrangement Act 1914U.K.

Marginal Citations

F282U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

The M5Settled Land Act 1925U.K.

Marginal Citations

3U.K.In section 103 of the Settled Land Act 1925 (legal estate in settled land not to vest in trustee in bankruptcy of estate owner), for the words from the beginning to “an” there shall be substituted the words “For the purposes of determining, where the estate owner of any settled land is bankrupt, whether the legal estate in the settled land is comprised in, or is capable of being claimed for, the bankrupt’s estate, the legal estate in the settled land shall be deemed not to vest in the”.

The M6Law of Property Act 1925U.K.

Marginal Citations

4U.K.In section 52(2)(b) of the Law of Property Act 1925 (exceptions from requirement that conveyances are to be by deed), for the words “section fifty-four of the M7Bankruptcy Act 1914” there shall be substituted the words “section 91 or 161 of the Insolvency Act 1985”.

Marginal Citations

The M8Land Registration Act 1925U.K.

Marginal Citations

F295U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

The M9Agricultural Credits Act 1928U.K.

Marginal Citations

6U.K.In section 7 of the Agricultural Credits Act 1928 (effect of floating charge), in paragraph (a)(i) of the proviso, for the words “receiving order in bankruptcy” there shall be substituted the words “bankruptcy order”.

F30...U.K.

F317U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

8U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F32

Textual Amendments

9U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F33

The M10Arbitration Act 1950U.K.

Marginal Citations

F3410U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F34Sch. 8 para. 10 repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), Sch. 1 Pt. 17 Group 6

The M11Administration of Justice Act 1956U.K.

Marginal Citations

11U.K.In section 40 of the Administration of Justice Act 1956 (effect of registration of judgments of courts outside England and Wales)—

(a)the words “the Bankruptcy Act 1914” shall be omitted; and

(b)for the words “those Acts” there shall be substituted the words “the said Act of 1869”.

The M12Licensing Act 1964U.K.

Marginal Citations

F3512U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F35Sch. 8 para. 12 repealed (24.11.2005) by Licensing Act 2003 (c. 17), s. 201(2), Sch. 7 (with ss. 2(3), 15(2), 195); S.I. 2005/3056, art. 2(2) (with art. 4)

The M13Law of Property (Joint Tenants) Act 1964U.K.

Marginal Citations

13U.K.In paragraph (b) of the proviso to section 1(1) of the Law of Property (Joint Tenants) Act 1964 (assumptions on sale of land by survivor of joint tenants), for the words “a receiving order in bankruptcy” there shall be substituted the words “a bankruptcy order”.

The M14General Rate Act 1967U.K.

Marginal Citations

F3614U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F36Sch. 8 para. 14 repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), Sch. 1 Pt. 17 Group 6

The M15Medicines Act 1968U.K.

Marginal Citations

15U.K.In section 72(4) of the Medicines Act 1968 (which specifies the persons who may carry on the business of a pharmacist in the case of his death or disability), at the end there shall be inserted the words—

; and in paragraph (b) above the reference to a trustee appointed under a composition, scheme or deed of arrangement includes a reference to the supervisor of a composition or scheme proposed for the purposes of, and approved under, Chapter I of Part III of the Insolvency Act 1985.

The M16Transport Act 1968U.K.

Marginal Citations

F3716U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F37Sch. 8 para. 16 repealed (1.1.1996) by 1994 c. 40, s. 81, Sch. 17; S.I. 1995/2835, art. 2 (with Sch.) and expressed to be repealed (1.1.1996) by 1995 c. 23, s. 60(2), Sch. 8 Pt. I (with ss. 54, 55); S.I. 1995/2181, art. 2 (with Sch.)

The M17Insolvency Services (Accounting and Investment) Act 1970U.K.

Marginal Citations

F3817U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F38Sch. 8 para. 17 repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), Sch. 1 Pt. 17 Group 6

The M18Conveyancing and Feudal Reform (Scotland) Act 1970U.K.

Marginal Citations

18U.K.In schedule 3 to the Conveyancing and Feudal Reform (Scotland) Act 1970 (the standard conditions of a security), in standard condition 9(2)(b), for the words from “or an order” to “1925” there shall be substituted the words “or his estate falls to be administered in accordance with an order under section 228 of the Insolvency Act 1985”.

The M19Superannuation Act 1972U.K.

Marginal Citations

19U.K.In section 5(2) of the Superannuation Act 1972 (rule that benefit is unassignable not to affect powers of court under section 51(2) of the M20Bankruptcy Act 1914)—

(a)for the words “section 51(2) of the Bankruptcy Act 1914” there shall be substituted the words “section 156 of the Insolvency Act 1985”; and

(b)for the words “the said section 51(2)” there shall be substituted the words “section 51(2) of the Bankruptcy Act 1914 or the said section 156”.

Marginal Citations

The M21Road Traffic Act 1972U.K.

Marginal Citations

F3920U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F39Sch. 8 para. 20 repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), Sch. 1 Pt. 17 Group 6

The M22Land Charges Act 1972U.K.

Marginal Citations

21(1)The Land Charges Act 1972 shall be amended as follows.U.K.

(2)In section 5(8) (unregistered bankruptcy petition not to bind purchaser in good faith, for money or money’s worth without notice of an available act of bankruptcy) the words “without notice of an available act of bankruptcy” shall be omitted.

(3)In section 6 (the register of writs and orders affecting land)—

(a)for paragraph (c) of subsection (1) there shall be substituted the following paragraph—

(c) any bankruptcy order, whether or not the bankrupt’s estate is known to include land,;

(b)in subsection (3), for the words “receiving order in bankruptcy” there shall be substituted the words “bankruptcy order”;

(c)for subsection (5) there shall be substituted the following subsection—

(5)Subject to subsection (6) below, the title of a trustee in bankruptcy shall be void as against a purchaser of a legal estate in good faith for money or money’s worth unless the bankruptcy order is for the time being registered under this section.; and

(d)in subsection (6), the words “without notice of an available act of bankruptcy” shall be omitted.

(4)In section 16(2) (general rules)—

(a)for the words “general rules under section 132 of the M23Bankruptcy Act 1914 for carrying into effect the objects of that Act” there shall be substituted the words “rules under section 207 of the Insolvency Act 1985”;

(b)for the words “a receiving order in bankruptcy” there shall be substituted the words “a bankruptcy order”; and

(c)for the words “by that Act” there shall be substituted the words “by Part III of that Act”.

Marginal Citations

The M24Local Government Act 1972U.K.

Marginal Citations

F4022U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F40Sch. 8 para. 22 repealed (1.4.2004) by Enterprise Act 2002 (c. 40), s. 279, Sch. 26; S.I. 2003/2093, art. 2(2), Sch. 2

The M25Matrimonial Causes Act 1973U.K.

Marginal Citations

23U.K.In section 39 of the Matrimonial Causes Act 1973 (settlement etc. made in compliance with a property adjustment order may be avoided on bankruptcy of settlor), for the words from “a settlement of” onwards there shall be substituted the words “a transaction in respect of which an order may be made under section 174 of the Insolvency Act 1985 (transactions at an undervalue and preferences)”.

24U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F41

Textual Amendments

The M26Solicitors Act 1974U.K.

Marginal Citations

F4225U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F42Sch. 8 para. 25 repealed (1.1.2010) by Legal Services Act 2007 (c. 29), s. 211(2), Sch. 23 (with ss. 29, 192, 193); S.I. 2009/3250, art. 2(i)(v)

The M27Social Security Pensions Act 1975U.K.

Marginal Citations

F4326U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F43Sch. 8 para. 26 repealed (7.2.1994) by 1993 c. 48, s. 188(1)(3), Sch. 5 Pt.I; S.I. 1994/86, art. 2

The M28Recess Elections Act 1975U.K.

Marginal Citations

27U.K.In section 1(2) of the Recess Elections Act 1975 (which defines certain expressions used in that Act), in the definition of “certificate of vacancy” for the words from “the relevant bankruptcy enactment” to the end of paragraph (b) there shall be substituted the words “section 214(6)(a) of the Insolvency Act 1985”.

The M29Insolvency Act 1976U.K.

Marginal Citations

F4428E+W+S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F44Sch. 8 para. 28 repealed (5.11.1993) by 1993 c.50, s. 1(1), Sch. 1 Pt I, Group I

The M30Land Drainage Act 1976U.K.

Marginal Citations

F4529E+W. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

30U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F46

The M31Employment Protection (Consolidation) Act 1978U.K.

Marginal Citations

31F47(1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .U.K.

F47(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F48(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F49

F47(5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F47Sch. 8 para. 31(1)(2)(5) repealed (22.8.1996) by 1996 c. 18, ss. 242, 243, Sch. 3 Pt. I (with ss. 191-195, 202)

F48Sch. 8 para. 31(3) repealed (7.2.1994) by 1993 c. 48, s. 188(1)(3), Sch. 5 Pt. I; S.I. 1994/86, art. 2

The Banking Act 1979U.K.

F5032U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F50Sch. 8 para. 32 repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), Sch. 1 Pt. 17 Group 6

The M32Estate Agents Act 1979U.K.

Marginal Citations

33U.K.In section 23(2) of the Estate Agents Act 1979 (prohibition on bankrupts engaging in estate agency work to cease on discharge), for paragraph (b) there shall be substituted the following paragraph—

“(b) he is discharged from bankruptcy.”

The M33Public Passenger Vehicles Act 1981U.K.

Marginal Citations

34U.K.In section 19(3) of the Public Passenger Vehicles Act 1981 (holder of PSV operator’s licence to give notice of bankruptcy etc.), after the word “estate” there shall be inserted the words “or the making of an administration order under Chapter III of Part II of the Insolvency Act 1985 in relation to the holder”.

The M34[F51Senior Courts Act 1981]U.K.

Textual Amendments

Marginal Citations

F5235U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F52Sch. 8 para. 35 repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), Sch. 1 Pt. 17 Group 6

The M35Civil Jurisdiction and Judgments Act 1982U.K.

Marginal Citations

36U.K.After paragraph (b) of section 18(3) of the Civil Jurisdiction and Judgments Act 1982 (judgments to which provisions relating to the enforcement of judgments within the United Kingdom do not apply), there shall be inserted the following paragraph—

“(ba) a judgment given in the exercise of jurisdiction in relation to insolvency law, within the meaning of section 213 of the Insolvency Act 1985;”.

The M36Insurance Companies Act 1982U.K.

Marginal Citations

37(1)The Insurance Companies Act 1982 shall be amended as follows.U.K.

F53(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3)In section 56 (continuation of long term business of insurance companies in liquidation)—

(a)in subsection (4), for the words “Section 556(3) of the Companies Act” and for the words “section 556 of the Companies Act” there shall be substituted, respectively, the words “Section 90(5) of the Insolvency Act 1985” and the words “section 90 of the said Act of 1985”;

(b)in subsection (7), for the words “committee of inspection” there shall be substituted the words “a specified committee”.

(4)In section 59 (winding-up rules)—

(a)in subsection (1), for the words “section 663 of the Companies Act” there shall be substituted the words “section 106 of the Insolvency Act 1985”; and

(b)in subsection (2), for the words “section 663 of the Companies Act” and the words “section 614 of, and schedule 19 to, the Companies Act” there shall be substituted, respectively, the words “section 106 of the Insolvency Act 1985” and the words “section 89 of, and schedule 4 to, the Insolvency Act 1985”.

Textual Amendments

F53Sch. 8 para. 37(2) repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), Sch. 1 Pt. 17 Group 6

The M37County Courts Act 1984U.K.

Marginal Citations

38(1)The County Courts Act 1984 shall be amended as follows.E+W+S

F54(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F54(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F55(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F54Sch. 8 para. 38(2)(3) repealed by 1993 c. 50, s. 1(1), Sch. 1 Pt. I, Group I

F55Sch. 8 para. 38(4) repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), Sch. 1 Pt. 17 Group 6

The Housing Act 1985U.K.

39(1)The Housing Act 1985 shall be amended as follows.U.K.

(2)In paragraph 3(4) of schedule 18 (suspension of condition as to residence), for the words “is administered in bankruptcy under section 130 of the Bankruptcy Act 1914” there shall be substituted the words “falls to be administered in accordance with an order under section 228 of the Insolvency Act 1985”.

(3)In paragraph 5(3) of that schedule (conditions affecting house purchased by means of advance), for the words “being administered in bankruptcy under section 130 of the Bankruptcy Act 1914” there shall be substituted the words “falling to be administered in accordance with an order under section 228 of the Insolvency Act 1985”.

The M38Administration of Justice Act 1985U.K.

Marginal Citations

40U.K.In section 16(1)(g) of the Administration of Justice Act 1985 (conditional licences), for the words “and having obtained his discharge” there shall be substituted the words “and discharged”.

Section 235.

SCHEDULE 9U.K. Transitional Provisions and Savings

Part I U.K.

1U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F56

Part II U.K.

2, 3.U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F57

4—10.U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F58

Parts III and IV U.K.

11—24.U.K.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F59

SCHEDULE 10U.K. . . . F60

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

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.

Close

See additional information alongside the content

Geographical Extent: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.

Show Timeline of Changes: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

Timeline of Changes

This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.

Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources