Power to amend corporate insolvency or governance legislation: Northern Ireland

Regulations to amend legislation: Northern Ireland
28
1
The Department or the Secretary of State may by regulations amend, or modify the effect of, corporate insolvency or governance legislation so as to—
a
change the conditions that must be met before a corporate insolvency or restructuring procedure applies to entities of any description (whether by adding, varying or removing any condition),
b
change the way in which a corporate insolvency or restructuring procedure applies in relation to entities of any description, or
c
change or disapply any duty of a person with corporate responsibility or the liability of such a person to any sanction.
2
Regulations under this section may—
a
make different provision for different purposes;
b
make provision binding the Crown.
3
Regulations under this section must be made in accordance with sections 29 to 35.
4
In sections 29 to 35, “relevant authority” means the Department or the Secretary of State.