SCHEDULE 2U.K.Administration and liquidation of cells: modification of insolvency legislation

Further modification to subordinate legislationU.K.

9.  The provisions of any subordinate legislation made under the Insolvency Act 1986 or the Insolvency (Northern Ireland) Order 1989 M1 apply to the cell with any necessary modifications.

Marginal Citations

M1The key subordinate legislation made under these powers is the Insolvency (England and Wales) Rules 2016, the Insolvency (Scotland) Rules 1986 and the Insolvency (Northern Ireland) Rules 1991. The Insolvency (Scotland) Rules 1986 and the Insolvency Rules (Northern Ireland) 1991 are in the process of being updated and revised.