http://www.legislation.gov.uk/uksi/2021/673/note/madeThe Insolvency Proceedings (Monetary Limits) (Amendment) Order 2021enKing's Printer of Acts of Parliament2021-06-08INSOLVENCY, ENGLAND AND WALES 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. EXPLANATORY NOTE (This note is not part of the Order)

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.

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, 16th Floor, 1 Westfield Avenue, Stratford, London, E20 1HZ and is also published on the Insolvency Service website www.gov.uk/government/organisations/insolvency-service.

An Explanatory Memorandum has been prepared and is available alongside this Order at www.legislation.gov.uk.