<akomaNtoso xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xsi:schemaLocation="http://docs.oasis-open.org/legaldocml/ns/akn/3.0 http://docs.oasis-open.org/legaldocml/akn-core/v1.0/cos01/part2-specs/schemas/akomantoso30.xsd"><act name="uksi"><meta><identification source="#"><FRBRWork><FRBRthis value="http://www.legislation.gov.uk/id/uksi/2021/673"/><FRBRuri value="http://www.legislation.gov.uk/id/uksi/2021/673"/><FRBRdate date="2021-06-04" name="made"/><FRBRauthor href="http://www.legislation.gov.uk/id/government/uk"/><FRBRcountry value="GB-UKM"/><FRBRsubtype value="order"/><FRBRnumber value="673"/><FRBRname value="S.I. 2021/673"/><FRBRprescriptive value="true"/></FRBRWork><FRBRExpression><FRBRthis value="http://www.legislation.gov.uk/uksi/2021/673/made"/><FRBRuri value="http://www.legislation.gov.uk/uksi/2021/673/made"/><FRBRdate date="2021-06-04" name="made"/><FRBRauthor href="#"/><FRBRlanguage language="eng"/></FRBRExpression><FRBRManifestation><FRBRthis value="http://www.legislation.gov.uk/uksi/2021/673/made/data.akn"/><FRBRuri value="http://www.legislation.gov.uk/uksi/2021/673/made/data.akn"/><FRBRdate date="2026-06-05+01:00" name="transform"/><FRBRauthor href="http://www.legislation.gov.uk"/><FRBRformat value="application/akn+xml"/></FRBRManifestation></identification><lifecycle source="#"><eventRef refersTo="#made" date="2021-06-04" eId="date-made" source="#"/><eventRef refersTo="#laid" date="2021-06-08" eId="date-laid-1" source="#united-kingdom-parliament"/><eventRef refersTo="#coming-into-force" date="2021-06-29" eId="date-cif-1" source="#"/></lifecycle><analysis source="#"><otherAnalysis source=""/></analysis><references source="#"><TLCOrganization eId="united-kingdom-parliament" href="http://www.legislation.gov.uk/id/" showAs="UnitedKingdomParliament"/><TLCEvent eId="made" href="" showAs="Made"/><TLCEvent eId="laid" href="" showAs="Laid"/><TLCEvent eId="cif" href="" showAs="ComingIntoForce"/></references><proprietary xmlns:ukm="http://www.legislation.gov.uk/namespaces/metadata" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:dct="http://purl.org/dc/terms/" source="#"><dc:identifier>http://www.legislation.gov.uk/uksi/2021/673/note/made</dc:identifier><dc:title>The Insolvency Proceedings (Monetary Limits) (Amendment) Order 2021</dc:title><dc:language>en</dc:language><dc:publisher>King's Printer of Acts of Parliament</dc:publisher><dc:modified>2021-06-08</dc:modified><dc:subject scheme="SIheading">INSOLVENCY, ENGLAND AND WALES</dc:subject><dc:description>This Order amends the prescribed amounts for the debtor’s overall indebtedness, monthly surplus income and total value of property for the purposes of paragraphs 6 to 8 of Schedule 4ZA to the Insolvency Act 1986. That Schedule sets out the conditions for making a debt relief order under Part 7A of that Act.</dc:description><ukm:SecondaryMetadata><ukm:DocumentClassification><ukm:DocumentCategory Value="secondary"/><ukm:DocumentMainType Value="UnitedKingdomStatutoryInstrument"/><ukm:DocumentStatus Value="final"/><ukm:DocumentMinorType Value="order"/></ukm:DocumentClassification><ukm:Year Value="2021"/><ukm:Number Value="673"/><ukm:Made Date="2021-06-04"/><ukm:Laid Date="2021-06-08" Class="UnitedKingdomParliament"/><ukm:ComingIntoForce><ukm:DateTime Date="2021-06-29"/></ukm:ComingIntoForce><ukm:ISBN Value="9780348224436"/></ukm:SecondaryMetadata><ukm:Notes><ukm:Note IdURI="http://www.legislation.gov.uk/id/uksi/2021/673/notes"/><ukm:Alternatives><ukm:Alternative URI="http://www.legislation.gov.uk/uksi/2021/673/pdfs/uksiem_20210673_en.pdf" Date="2021-06-09" Title="UK Explanatory Memorandum" Size="47570"/></ukm:Alternatives></ukm:Notes><ukm:Alternatives><ukm:Alternative URI="http://www.legislation.gov.uk/uksi/2021/673/pdfs/uksi_20210673_en.pdf" Date="2021-06-09" Size="32300"/></ukm:Alternatives><ukm:ImpactAssessments><ukm:ImpactAssessment URI="http://www.legislation.gov.uk/ukia/2021/41/pdfs/ukia_20210041_en.pdf" Date="2021-06-11" Title="Changes to Debt Relief Order Criteria" Stage="Final" Department="Department for Business, Energy &amp; Industrial Strategy" Year="2021" Number="41" Size="532717"/></ukm:ImpactAssessments><ukm:Statistics><ukm:TotalParagraphs Value="2"/><ukm:BodyParagraphs Value="2"/><ukm:ScheduleParagraphs Value="0"/><ukm:AttachmentParagraphs Value="0"/><ukm:TotalImages Value="0"/></ukm:Statistics></proprietary></meta><conclusions><blockContainer class="explanatoryNote"><heading>EXPLANATORY NOTE</heading><subheading>(This note is not part of the Order)</subheading><blockContainer ukl:Name="P"><p>This Order amends the prescribed amounts for the debtor’s overall indebtedness, monthly surplus income and total value of property for the purposes of paragraphs 6 to 8 of Schedule 4ZA to the Insolvency Act 1986. That Schedule sets out the conditions for making a debt relief order under Part 7A of that Act.</p></blockContainer><blockContainer ukl:Name="P"><p>A full impact assessment of the effect that this instrument will have on the costs of business, the voluntary sector and the public sector is available from the Insolvency Service, 16<sup>th</sup> Floor, 1 Westfield Avenue, Stratford, London, E20 1HZ and is also published on the Insolvency Service website <a href="http://www.gov.uk/government/organisations/insolvency-service">www.gov.uk/government/organisations/insolvency-service</a>.</p></blockContainer><blockContainer ukl:Name="P"><p>An Explanatory Memorandum has been prepared and is available alongside this Order at <a href="http://www.legislation.gov.uk">www.legislation.gov.uk</a>.</p></blockContainer></blockContainer></conclusions></act></akomaNtoso>