Insolvency Act 2000
2000 CHAPTER 39
Commentary on Sections
Section 14: Model law on cross-border insolvency
37.In England and Wales this section enables the Secretary of State (with the agreement of the Lord Chancellor) and in Scotland (with the agreement of the Scottish Ministers) to give effect, with or without modifications, to the UNCITRAL model law on cross-border insolvency by secondary legislation. The section provides that the secondary legislation may include amendments to section 426 of Insolvency Act 1986. This section provides for co-operation between courts exercising insolvency jurisdiction.
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