Corporate Insolvency and Governance Act 2020

<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:default="http://www.w3.org/1999/xhtml" xmlns:fo="http://www.w3.org/1999/XSL/Format" name="crossheadi
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-1"><num>1</num><heading>Moratoriums in Great Britai
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-1-1"><num>(1)</num><content><p><mod>In the Insol
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-1-2"><num>(2)</num><content><p>Schedule 1 inserts into the Insolvency Act 1986 a new Schedule ZA1 (eligible companies).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-1-3"><num>(3)</num><content><p>Schedule 2 inserts into the Insolvency Act 1986 a new Schedule ZA2 (contracts involving financial services).</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-2"><num>2</num><heading>Moratoriums in Great Britain: further amendments and transition</heading><subsection eId="section-2-1"><num>(1)</num><content><p>Schedule 3 contains consequential and other amendments to do with mo
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-2-1"><num>(1)</num><content><p>Schedule 3 contains consequential and other amendments to do with moratoriums under new Part A1 of the Insolvency Act 1986.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-2-2"><num>(2)</num><content><p>Nothing in this Act affects the operation of the Insolvency Act 1986, or any other enactment, in relation to a moratorium under Schedule A1 to that Act which comes into force before the r
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-2-3"><num>(3)</num><content><p>Subsection (2) is without prejudice to the operation of section 16 of the Interpretation Act 1978 (general savings).</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-3"><num>3</num><heading>Moratoriums in Great Britain: temporary modifications</heading><content><p>Schedule 4 makes temporary modifications to Part A1 of the Insolvency Act 1986 (moratorium) and other temporary provision
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" xmlns:fo="http://www.w3.org/1999/XSL/Format" eId="section-4"><nu
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" xmlns:fo="http://www.w3.org/1999/XSL/Format" eId="section-4-1
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-4-2"><num>(2)</num><content><p>Schedule 5 inserts into the Insolvency (Northern Ireland) Order 1989 a new Schedule ZA1 (eligible companies).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-4-3"><num>(3)</num><content><p>Schedule 6 inserts into the Insolvency (Northern Ireland) Order 1989 a new Schedule ZA2 (contracts involving financial services).</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-5"><num>5</num><heading>Moratoriums in Northern Ireland: further amendments and transition</heading><subsection eId="section-5-1"><num>(1)</num><content><p>Schedule 7 contains consequential and other amendments to do with
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-5-1"><num>(1)</num><content><p>Schedule 7 contains consequential and other amendments to do with moratoriums under new Part 1A of the Insolvency (Northern Ireland) Order 1989 (S.I. 1989/2405 (N.I. 19)).</p></content></
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-5-2"><num>(2)</num><content><p>Nothing in this Act affects the operation of the Insolvency (Northern Ireland) Order 1989, or any other statutory provision, in relation to a moratorium under Schedule A1 to that Order wh
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-5-3"><num>(3)</num><content><p>Subsection (2) is without prejudice to the operation of section 16 of the Interpretation Act 1978 (general savings).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-5-4"><num>(4)</num><content><p>In this section “<term refersTo="#term-statutory-provision" eId="term-statutory-provision">statutory provision</term>” has the meaning given by section 1(f) of the Interpretation Act (No
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-6"><num>6</num><heading>Moratoriums in Northern Ireland: temporary modifications</heading><content><p>Schedule 8 makes temporary modifications to Part 1A of the Insolvency (Northern Ireland) Order 1989 (moratorium) and ot
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="crossheading-arrangements-and-reconstructions-for-companies-in-financial-difficulty"><heading><i>Arrangements and reconstru
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-7"><num>7</num><heading>Arrangements and reconstructions for companies in financial difficulty</heading><content><p>Schedule 9 contains provision about arrangements and reconstructions for companies in financial difficult
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="crossheading" ukl:Name="Pblock" eId="crossheading-administration-sales-to-connected-persons"><headin
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-8"><num>8</num><heading>Administration in Great Britain: sales to connected persons</heading><su
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-8-1"><num>(1)</num><content><p>Paragraph 60A of Schedule B1 to the Insolvency Act 1986 (which expired in May 2020) is revived.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-8-2"><num>(2)</num><content><p><mod>For sub-paragraph (10) of that paragraph substitute—<quot
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-9"><num>9</num><heading>Administration in Northern Ireland: sales to connected persons</heading>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-9-1"><num>(1)</num><content><p>The Insolvency (Northern Ireland) Order 1989 (S.I. 1989/2405 (N.I. 19)) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-9-2"><num>(2)</num><content><p>Schedule B1 (administration) is amended in accordance with subsections (3) to (5).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-9-3"><num>(3)</num><content><p>Paragraph 61 (powers of administrator) becomes sub-paragraph (1) of that paragraph.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-9-4"><num>(4)</num><content><p><mod>After that sub-paragraph insert—<quotedStructure startQuo
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-9-5"><num>(5)</num><content><p><mod>After paragraph 61 insert—<quotedStructure startQuote="&#
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-9-6"><num>(6)</num><content><p><mod>In Article 2(2), in the definition of “regulations”, after the words “and paragraph 16 of Schedule A1” (which are repealed by paragraph 3(b) of Schedule 7 to this Act) insert <quot
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="crossheading-windingup-petitions"><heading><i>Winding-up petitions</i></heading><section eId="section-10"><num>10</num><hea
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-10"><num>10</num><heading>Winding-up petitions: Great Britain</heading><content><p>Schedule 10 contains temporary provision in relation to winding-up petitions in Great Britain.</p></content></section>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-11"><num>11</num><heading>Winding-up petitions: Northern Ireland</heading><content><p>Schedule 11 contains temporary provision in relation to winding-up petitions in Northern Ireland.</p></content></section>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="crossheading-wrongful-trading"><heading><i>Wrongful trading</i></heading><section eId="section-12"><num>12</num><heading>Su
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-12"><num>12</num><heading>Suspension of liability for wrongful trading: Great Britain</heading><subsection eId="section-12-1"><num>(1)</num><content><p>In determining for the purposes of section 214 or 246ZB of the Insolv
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-12-1"><num>(1)</num><content><p>In determining for the purposes of section 214 or 246ZB of the Insolvency Act 1986 (liability of director for wrongful trading) the contribution (if any) to a company's assets that it is
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-12-2"><num>(2)</num><intro><p>In this section the “relevant period” is the period which—</p></intro><level class="para1" eId="section-12-2-a"><num>(a)</num><content><p>begins with 1 March 2020, and</p></content></leve
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-2-a"><num>(a)</num><content><p>begins with 1 March 2020, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-2-b"><num>(b)</num><content><p>ends with 30 September 2020.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-12-3"><num>(3)</num><content><p>Subsection (1) does not apply if at any time during the relevant period the company concerned is excluded from being eligible by any of the paragraphs of Schedule ZA1 to the Insolvency A
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-12-4"><num>(4)</num><intro><p>The paragraphs of Schedule ZA1 to the Insolvency Act 1986 are—</p></intro><level class="para1" eId="section-12-4-a"><num>(a)</num><content><p>paragraph 3 (insurance companies),</p></conten
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-4-a"><num>(a)</num><content><p>paragraph 3 (insurance companies),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-4-b"><num>(b)</num><content><p>paragraph 4 (banks),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-4-c"><num>(c)</num><content><p>paragraph 5 (electronic money institutions),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-4-d"><num>(d)</num><content><p>paragraph 6 (investment banks and investment firms),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-4-e"><num>(e)</num><content><p>paragraph 9 (payment institutions),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-4-f"><num>(f)</num><content><p>paragraph 10 (operators of payment systems etc),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-4-g"><num>(g)</num><content><p>paragraph 11 (recognised investment exchanges, clearing houses etc),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-4-h"><num>(h)</num><content><p>paragraph 12 (securitisation companies),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-4-i"><num>(i)</num><content><p>paragraph 13 (parties to capital market arrangements),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-4-j"><num>(j)</num><content><p>paragraph 15 (public-private partnership project companies), and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-4-k"><num>(k)</num><content><p>paragraph 18 (certain overseas companies).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-12-5"><num>(5)</num><intro><p>In their application for the purposes of subsection (3)—</p></intro><level class="para1" eId="section-12-5-a"><num>(a)</num><intro><p>each of paragraphs 13 and 15 of Schedule ZA1 to the In
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-5-a"><num>(a)</num><intro><p>each of paragraphs 13 and 15 of Schedule ZA1 to the Insolvency Act 1986 has effect as if in sub-paragraph (1)—</p></intro><level class="para2" eId="section-12-5-a-i"><num>(i)</n
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-12-5-a-i"><num>(i)</num><content><p>the words “, on the filing date” were omitted, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-12-5-a-ii"><num>(ii)</num><content><p>paragraph (b) were omitted, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-5-b"><num>(b)</num><content><p><mod>paragraph 18 of that Schedule has effect as if for “paragraph 2”, in both places, there were substituted <quotedText>“ paragraphs 2, 7 and 8
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-12-6"><num>(6)</num><intro><p>Subsection (1) also does not apply if at any time during the relevant period the company concerned—</p></intro><level class="para1" eId="section-12-6-a"><num>(a)</num><content><p>has permi
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-6-a"><num>(a)</num><content><p>has permission under Part 4A of the Financial Services and Markets Act 2000 to carry on a regulated activity, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-6-b"><num>(b)</num><content><p>is not subject to a requirement imposed under that Act to refrain from holding money for clients.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-12-7"><num>(7)</num><intro><p>This section has effect—</p></intro><level class="para1" eId="section-12-7-a"><num>(a)</num><content><p>in so far as it relates to section 214 of the Insolvency Act 1986, as if it were con
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-7-a"><num>(a)</num><content><p>in so far as it relates to section 214 of the Insolvency Act 1986, as if it were contained in Part 4 of that Act, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-7-b"><num>(b)</num><content><p>in so far as it relates to section 246ZB of the Insolvency Act 1986, as if it were contained in Part 6 of that Act.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-12-8"><num>(8)</num><intro><p>But this section does not have effect in relation to the following bodies (which are bodies to which provisions contained in Parts 4 and 6 of the Insolvency Act 1986 apply)—</p></intro><le
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-8-a"><num>(a)</num><content><p>a society that is registered within the meaning of the Friendly Societies Act 1974 and that at any time during the relevant period carries on the regulated activity of effecti
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-8-b"><num>(b)</num><content><p>a building society within the meaning of the Building Societies Act 1986;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-8-c"><num>(c)</num><content><p>a society that is incorporated under the Friendly Societies Act 1992;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-8-d"><num>(d)</num><content><p>a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 that is registered under that Act as a credit union;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-12-8-e"><num>(e)</num><content><p>a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 that at any time during the relevant period carries on the regulated activ
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-12-9"><num>(9)</num><content><p>In this section “<term refersTo="#term-regulated-activity" eId="term-regulated-activity">regulated activity</term>” has the meaning given by section 22 of the Financial Services and Mar
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-13"><num>13</num><heading>Suspension of liability for wrongful trading: Northern Ireland</heading><subsection eId="section-13-1"><num>(1)</num><content><p>In determining for the purposes of Article 178 of the Insolvency (
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-13-1"><num>(1)</num><content><p>In determining for the purposes of Article 178 of the Insolvency (Northern Ireland) Order 1989 (S.I. 1989/2405 (N.I. 19)) (liability of director for wrongful trading) the contribution (i
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-13-2"><num>(2)</num><intro><p>In this section the “relevant period” is the period which—</p></intro><level class="para1" eId="section-13-2-a"><num>(a)</num><content><p>begins with 1 March 2020, and</p></content></leve
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-2-a"><num>(a)</num><content><p>begins with 1 March 2020, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-2-b"><num>(b)</num><content><p>ends with 30 September 2020.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-13-3"><num>(3)</num><content><p>Subsection (1) does not apply if at any time during the relevant period the company concerned is excluded from being eligible by any of the paragraphs of Schedule ZA1 to the Insolvency (
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-13-4"><num>(4)</num><intro><p>The paragraphs of Schedule ZA1 to the Insolvency (Northern Ireland) Order 1989 are—</p></intro><level class="para1" eId="section-13-4-a"><num>(a)</num><content><p>paragraph 3 (insurance co
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-4-a"><num>(a)</num><content><p>paragraph 3 (insurance companies),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-4-b"><num>(b)</num><content><p>paragraph 4 (banks),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-4-c"><num>(c)</num><content><p>paragraph 5 (electronic money institutions),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-4-d"><num>(d)</num><content><p>paragraph 6 (investment banks and investment firms),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-4-e"><num>(e)</num><content><p>paragraph 9 (payment institutions),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-4-f"><num>(f)</num><content><p>paragraph 10 (operators of payment systems etc),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-4-g"><num>(g)</num><content><p>paragraph 11 (recognised investment exchanges, clearing houses etc),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-4-h"><num>(h)</num><content><p>paragraph 12 (securitisation companies),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-4-i"><num>(i)</num><content><p>paragraph 13 (parties to capital market arrangements),</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-4-j"><num>(j)</num><content><p>paragraph 15 (public-private partnership project companies), and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-4-k"><num>(k)</num><content><p>paragraph 18 (certain overseas companies).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-13-5"><num>(5)</num><intro><p>In their application for the purposes of subsection (3)—</p></intro><level class="para1" eId="section-13-5-a"><num>(a)</num><intro><p>each of paragraphs 13 and 15 of Schedule ZA1 to the In
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-5-a"><num>(a)</num><intro><p>each of paragraphs 13 and 15 of Schedule ZA1 to the Insolvency (Northern Ireland) Order 1989 has effect as if in sub-paragraph (1)—</p></intro><level class="para2" eId="section-
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-13-5-a-i"><num>(i)</num><content><p>the words “, on the filing date” were omitted, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-13-5-a-ii"><num>(ii)</num><content><p>paragraph (b) were omitted, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-5-b"><num>(b)</num><content><p><mod>paragraph 18 of that Schedule has effect as if for “paragraph 2”, in both places, there were substituted <quotedText>“ paragraphs 2, 7 and 8
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-13-6"><num>(6)</num><intro><p>Subsection (1) also does not apply if at any time during the relevant period the company concerned—</p></intro><level class="para1" eId="section-13-6-a"><num>(a)</num><content><p>has permi
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-6-a"><num>(a)</num><content><p>has permission under Part 4A of the Financial Services and Markets Act 2000 to carry on a regulated activity, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-6-b"><num>(b)</num><content><p>is not subject to a requirement imposed under that Act to refrain from holding money for clients.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-13-7"><num>(7)</num><content><p>This section has effect as if it were contained in Part 5 of the Insolvency (Northern Ireland) Order 1989.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-13-8"><num>(8)</num><intro><p>But this section does not have effect in relation to the following bodies (which are bodies to which provisions contained in Part 5 of the Insolvency (Northern Ireland) Order 1989 apply)—<
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-8-a"><num>(a)</num><content><p>a registered society within the meaning of the Co-operative and Community Benefit Societies Act (Northern Ireland) 1969 (c. 24 (N.I.)) that at any time during the relevant per
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-8-b"><num>(b)</num><content><p>a society that is registered within the meaning of the Friendly Societies Act 1974 and that at any time during the relevant period carries on the regulated activity of effecti
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-8-c"><num>(c)</num><content><p>a building society within the meaning of the Building Societies Act 1986;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-8-d"><num>(d)</num><content><p>a credit union within the meaning of the Credit Unions (Northern Ireland) Order 1985 (S.I. 1985/1205 (N.I. 12));</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-13-8-e"><num>(e)</num><content><p>a society that is incorporated under the Friendly Societies Act 1992.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-13-9"><num>(9)</num><content><p>In this section “<term refersTo="#term-regulated-activity" eId="term-regulated-activity">regulated activity</term>” has the meaning given by section 22 of the Financial Services and Mar
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:default="http://www.w3.org/1999/xhtml" name="crossheading" ukl:Name="Pblock" eId="crossheading-termi
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-14"><num>14</num><heading>Protection of supplies of goods and services: Great Britain</heading><
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-14-1"><num>(1)</num><content><p><mod>In the Insolvency Act 1986, after section 233A insert—<q
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-14-2"><num>(2)</num><content><p><mod>In the Insolvency Act 1986, in section 434 (Crown application), before “bind” insert <quotedText>“ and sections 233A and 233B and Schedule 4ZZA ”<
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-14-3"><num>(3)</num><intro><p>Schedule 12—</p></intro><level class="para1" eId="section-14-3-a"><num>(a)</num><content><p>inserts a new Schedule into the Insolvency Act 1986 which provides for exclusions from the opera
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-14-3-a"><num>(a)</num><content><p>inserts a new Schedule into the Insolvency Act 1986 which provides for exclusions from the operation of section 233B of that Act, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-14-3-b"><num>(b)</num><content><p>contains consequential amendments.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-14-4"><num>(4)</num><content><p>The amendments made by this section and Schedule 12 have effect in relation to a company which becomes subject to a relevant insolvency procedure on or after the day on which this sectio
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" eId="section-15"><num>15</num><heading>Temporary exclusion for small suppliers: Great Britain</heading><subse
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-15-1"><num>(1)</num><intro><p>Section 233B of the Insolvency Act 1986 does not apply in relation to a contract for the supply of goods or services to a company where—</p></intro><level class="para1" eId="section-15-1-a
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-15-1-a"><num>(a)</num><content><p>the company becomes subject to a relevant insolvency procedure during the relevant period, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-15-1-b"><num>(b)</num><content><p>the supplier is a small entity at the time the company becomes subject to the procedure.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" eId="section-15-2"><num>(2)</num><intro><p>In subsection (1)(a) “<term refersTo="#term-relevant-period" e
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-15-2-a"><num>(a)</num><content><p>begins with the day on which this section comes into force, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" class="para1" eId="section-15-2-b"><num>(b)</num><content><p>ends with <ins class="substitution first last" u
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-15-3"><num>(3)</num><content><p><mod>For the purposes of subsection (1)(b), whether the supplier is a “small entity” at the time the company becomes subject to a relevant insolvency procedure (the <quotedText>“
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-15-4"><num>(4)</num><content><p>Where the supplier is not in its first financial year at the relevant time, the supplier is a small entity at the relevan
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-15-5"><num>(5)</num><content><p>For the purposes of Condition 1 in subsection (4), if the supplier's most recent financial year was not 12 months, the maximum figure for turnover must be proportionately adjusted.</p></
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-15-6"><num>(6)</num><content><p>For the purposes of Condition 2 in subsection (4), the supplier's balance sheet total means the aggregate of the amounts shown as assets in the supplier's balance sheet.</p></content></s
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-15-7"><num>(7)</num><intro><p>For the purposes of Condition 3 in subsection (4), the number of the supplier's employees means the average number of persons employed by the supplier in its most recent financial year, de
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-15-7-a"><num>(a)</num><content><p>find for each month in that financial year the number of persons employed under contracts of service by the supplier in that month (whether throughout the month or not),</p></
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-15-7-b"><num>(b)</num><content><p>add together the monthly totals, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-15-7-c"><num>(c)</num><content><p>divide by the number of months in the financial year.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-15-8"><num>(8)</num><content><p>In subsections (4) to (7) the supplier's “most recent financial year” is the financial year of the supplier which, at the relevant time, has ended most recently.</p></content></subsecti
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-15-9"><num>(9)</num><content><p>Where the supplier is in its first financial year at the relevant time, the supplier is a small entity at the relevant ti
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-15-10"><num>(10)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-entity" eId="term-entity">entity</term>” means—</p></intro><level class="para1"><num>(a)</num><
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content><p>“<term refersTo="#term-the-assembly" eId="term-the-assembly">the Assembly</term>” means the Northern Ireland Assembly;</p></content></hcontainer>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><intro><p>“<term refersTo="#term-person-with-corporate-responsibility" eId="term-person-with-corporate-responsibility">person with corporate responsibility</term>” means—</p></intro><level class="para1"><num>(a)</
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7"><heading>Timing of statements for obtaining moratorium</heading><paragraph eId="schedule-8-paragraph-17" class="schProv1"><num>17</num><content><p>Each statement under Article <ref href="#d25e5
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-30" class="schProv1"><num>30</num><content><p>A statement under section <ref href="#d25e1090">A13</ref><ref href="#d25e1100">(2)</ref> must be made within the period of 3 days ending with the day on which t
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-48" class="schProv1"><num>48</num><subparagraph eId="schedule-4-paragraph-48-1"><num>(1)</num><intro><p>Where a provision of this Part of this Schedule requires a document to contain identification details
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-51" class="schProv1"><num>51</num><content><p>Expressions used in this Part of this Schedule are to be construed as if this Part of this Schedule were contained in Part A1 of the Insolvency Act 1986.</p></c
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-14" class="schProv1"><num>14</num><subparagraph eId="schedule-8-paragraph-14-1"><num>(1)</num><content><p>A notice or statement under Article <ref href="#d25e5705">13BC</ref><ref href="#d25e5709">(1)</ref>,
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-17" class="schProv1"><num>17</num><content><p>Each statement under Article <ref href="#d25e5705">13BC</ref><ref href="#d25e449">(1)(b)</ref> to <ref href="#d25e479">(e)</ref> of the Insolvency (Northern Ire
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-20" class="schProv1"><num>20</num><content><p>A statement by the monitor under Article <ref href="#d25e6113">13CA</ref><ref href="#d25e6156">(1)(d)</ref> or <ref href="#d25e6192">13CB</ref><ref href="#d25e6
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-1" class="schProv1"><num>1</num><content><p>The Insolvency (Northern Ireland) Order 1989 is amended as follows.</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" xmlns:fo="http://www.w3.org/1999/XSL/Format" eId="schedule-7-p
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-35" class="schProv1"><num>35</num><content><p>The Insolvency (Northern Ireland) Order 2005 is amended as follows.</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-5" class="schProv1"><num>5</num><intro><p>During the relevant period, a company is not eligible for the purposes of Article <ref href="#d25e5540">13B</ref>, <ref href="#d25e5592">13BA</ref> or <ref href="#d
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-5-a"><num>(a)</num><content><p>has permission under Part 4A of the Financial Services and Markets Act 2000 to carry on a regulated activity within the meaning of that Act, and</p></content></level
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-5-b"><num>(b)</num><content><p>is not subject to a requirement imposed under that Act to refrain from holding money for clients.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-13" class="schProv1"><num>13</num><intro><p>A notice or statement under Article <ref href="#d25e5705">13BC</ref><ref href="#d25e5709">(1)</ref>, <ref href="#d25e5890">13BE</ref><ref href="#d25e5900">(2)</re
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-13-a"><num>(a)</num><content><p>the provision under which it is given or made,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-13-b"><num>(b)</num><content><p>the nature of the notice or statement,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-13-c"><num>(c)</num><content><p>the date of the notice or statement, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-13-d"><num>(d)</num><content><p>the identification details for the company to which it relates.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-16" class="schProv1"><num>16</num><subparagraph eId="schedule-8-paragraph-16-1"><num>(1)</num><intro><p>A statement under Article <ref href="#d25e5705">13BC</ref><ref href="#d25e5721">(1)(b)</ref> of the In
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-19" class="schProv1"><num>19</num><content><p>A notice under Article <ref href="#d25e6113">13CA</ref><ref href="#d25e6123">(1)(a)</ref> or <ref href="#d25e6192">13CB</ref><ref href="#d25e6202">(1)(a)</ref>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-22" class="schProv1"><num>22</num><content><p>If a meeting under Article 13CC(2) of the Insolvency (Northern Ireland) Order 1989 is held during the relevant period (within the meaning given by paragraph 1),
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-33" class="schProv1"><num>33</num><subparagraph eId="schedule-8-paragraph-33-1"><num>(1)</num><content><p>A notice under Article <ref href="#d25e6751">13CH</ref><ref href="#d25e6755">(1)</ref> of the Insolv
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-2" class="schProv1"><num>2</num><subparagraph eId="schedule-11-paragraph-2-1"><num>(1)</num><content><p>A creditor may not during the relevant period present a petition under Article 104 of the 1989 Order
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-5" class="schProv1"><num>5</num><subparagraph eId="schedule-11-paragraph-5-1"><num>(1)</num><intro><p>This paragraph applies where—</p></intro><level class="para1" eId="schedule-11-paragraph-5-1-a"><num>(a
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-8" class="schProv1"><num>8</num><subparagraph eId="schedule-11-paragraph-8-1"><num>(1)</num><intro><p>Paragraphs <ref href="#schedule-11-paragraph-9">9</ref> to <ref href="#schedule-11-paragraph-16">16</re
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-7-paragraph-2" class="schProv1"><num>2</num><content><p>In each of the following places, for “Parts II to VII” substitute “Parts 1A to 7”—</p><blockList
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-7-paragraph-36" class="schProv1"><num>36</num><subparagraph eId="schedule-7-paragraph-36-1"><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-23" class="schProv1"><num>23</num><subparagraph eId="schedule-8-paragraph-23-1"><num>(1)</num><content><p>In their application for the purposes of a decision by pre-moratorium creditors to consent to a revi
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-34" class="schProv1"><num>34</num><subparagraph eId="schedule-8-paragraph-34-1"><num>(1)</num><content><p>A notice under Article <ref href="#d25e6751">13CH</ref><ref href="#d25e6897">(2)</ref> or <ref href=
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-9" class="schProv1"><num>9</num><content><p>If the winding up would by virtue of Article 109(2) of the 1989 Order be deemed to commence at the time of the presentation of the petition, the winding up is in
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-3" class="schProv1"><num>3</num><intro><p>In Article 2(2), in the definition of “regulations”—</p></intro><level class="para1" eId="schedule-7-paragraph-3-a"><num>(a)</num><content><p>after “(except in” ins
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-7-paragraph-3-a"><num>(a)</num><content><p>after “(except in” insert “Part 1A, Article 148A(6),”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-7-paragraph-3-b"><num>(b)</num><content><p>omit “and paragraph 16 of Schedule A1”.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-37" class="schProv1"><num>37</num><content><p>Omit Article 11.</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-8-paragraph-24" class="schProv1"><num>24</num><content><p><mod>Rule 4.061 has effect as if fo
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-35" class="schProv1"><num>35</num><intro><p>Where a moratorium comes to an end under Article <ref href="#d25e6687">13CG</ref> of the Insolvency (Northern Ireland) Order 1989 because the company has entered
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-35-a"><num>(a)</num><content><p>the date on which the company entered into the relevant insolvency procedure, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-35-b"><num>(b)</num><content><p>the name and contact details of the supervisor of the voluntary arrangement, the administrator or the liquidator.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-10" class="schProv1"><num>10</num><intro><p>In Article 61 of the 1989 Order (liability as contributories of present and past members), paragraph (2)(a) has effect as if the reference to one year or more be
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-11-paragraph-10-a"><num>(a)</num><content><p>one year or more before the day on which the petition was presented, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-11-paragraph-10-b"><num>(b)</num><content><p>if the winding-up order was made more than 6 months after the day on which the petition was presented, 18 months or more before the day on which the winding-up ord
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-7-paragraph-4" class="schProv1"><num>4</num><subparagraph eId="schedule-7-paragraph-4-1"><num
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-38" class="schProv1"><num>38</num><content><p>In Schedule 2, omit paragraph 45.</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-8-paragraph-25" class="schProv1"><num>25</num><content><p><mod>Rule 4.062 has effect as if fo
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-36" class="schProv1"><num>36</num><subparagraph eId="schedule-8-paragraph-36-1"><num>(1)</num><content><p>A notice under Article <ref href="#d25e6751">13CH</ref><ref href="#d25e6920">(4)</ref> of the Insolv
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-11" class="schProv1"><num>11</num><intro><p>In Article 170 of the 1989 Order (fraud etc in anticipation of winding up), paragraph (1) has effect as if the reference to 12 months immediately preceding the c
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-11-paragraph-11-a"><num>(a)</num><intro><p>begins with whichever is the later of—</p></intro><level class="para2" eId="schedule-11-paragraph-11-a-i"><num>(i)</num><content><p>the day 12 months before the day
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="schedule-11-paragraph-11-a-i"><num>(i)</num><content><p>the day 12 months before the day on which the petition was presented, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="schedule-11-paragraph-11-a-ii"><num>(ii)</num><content><p>the day 18 months before the day on which the winding-up order was made, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-11-paragraph-11-b"><num>(b)</num><content><p>ends with the day on which the winding-up order was made.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-5" class="schProv1"><num>5</num><content><p>In Article 6 (meaning of “insolvency” etc), in paragraph (1), after “includes” insert “the coming into force of a moratorium for the company under Part 1A,”.</p><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-26" class="schProv1"><num>26</num><content><p>Rule 4.065 has effect as if, in paragraph (2), for “21 days” there were substituted “5 days”.</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-12" class="schProv1"><num>12</num><intro><p>In Article 171 of the 1989 Order (transactions in fraud of creditors), paragraph (1)(a) has effect as if the reference to 5 years immediately preceding the comme
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-11-paragraph-12-a"><num>(a)</num><content><p>5 years immediately preceding the day on which the petition was presented, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-11-paragraph-12-b"><num>(b)</num><content><p>if the winding-up order was made more than 6 months after the day on which the petition was presented, 5 years and 6 months immediately preceding the day on which
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-6" class="schProv1"><num>6</num><content><p>Omit Article 14A (moratorium where directors propose voluntary arrangement).</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-8-paragraph-27" class="schProv1"><num>27</num><content><p><mod>Rule 4.068 has effect as if fo
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-13" class="schProv1"><num>13</num><intro><p>In Article 172 of the 1989 Order (misconduct in course of winding up), paragraph (2) has effect as if the reference to 12 months immediately preceding the commen
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-11-paragraph-13-a"><num>(a)</num><intro><p>begins with whichever is the later of—</p></intro><level class="para2" eId="schedule-11-paragraph-13-a-i"><num>(i)</num><content><p>the day 12 months before the day
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="schedule-11-paragraph-13-a-i"><num>(i)</num><content><p>the day 12 months before the day on which the petition was presented, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="schedule-11-paragraph-13-a-ii"><num>(ii)</num><content><p>the day 18 months before the day on which the winding-up order was made, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-11-paragraph-13-b"><num>(b)</num><content><p>ends with the day on which the winding-up order was made.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-7" class="schProv1"><num>7</num><content><p>In Article 15 (procedure where nominee is not the liquidator or administrator), in paragraph (1), omit from “and the directors” to the end.</p></content></paragra
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-8-paragraph-28" class="schProv1"><num>28</num><content><p><mod>Rule 4.070 has effect as if fo
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-14" class="schProv1"><num>14</num><subparagraph eId="schedule-11-paragraph-14-1"><num>(1)</num><content><p>Article 178A of the 1989 Order (as inserted for the purposes of limited liability partnerships by
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-7-paragraph-8" class="schProv1"><num>8</num><subparagraph eId="schedule-7-paragraph-8-1"><num
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-8-paragraph-29" class="schProv1"><num>29</num><intro><p>Rule 4.073 has effect as if—</p></int
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="schedule-8-paragraph-29-a"><num>(a)</num><content><p><mod>after paragraph (3) there were ins
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="schedule-8-paragraph-29-b"><num>(b)</num><content><p><mod>for paragraph (4) there were subst
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="schedule-8-paragraph-29-c"><num>(c)</num><content><p><mod>for paragraph (5) there were subst
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="schedule-8-paragraph-29-d"><num>(d)</num><content><p><mod>for paragraph (6) there were subst
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-15" class="schProv1"><num>15</num><subparagraph eId="schedule-11-paragraph-15-1"><num>(1)</num><content><p>Article 204 of the 1989 Order (definition of “relevant time”) has effect as follows.</p></content>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-9" class="schProv1"><num>9</num><subparagraph eId="schedule-7-paragraph-9-1"><num>(1)</num><content><p>Article 17A (approval of voluntary arrangement) is amended as follows.</p></content></subparagraph><sub
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-30" class="schProv1"><num>30</num><intro><p>Rule 4.077 has effect as if—</p></intro><level class="para1" eId="schedule-8-paragraph-30-a"><num>(a)</num><content><p>in paragraph (1) for “liquidation” there we
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-30-a"><num>(a)</num><content><p>in paragraph (1) for “liquidation” there were substituted “moratorium”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-30-b"><num>(b)</num><content><p>paragraph (4) were omitted.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-16" class="schProv1"><num>16</num><subparagraph eId="schedule-11-paragraph-16-1"><num>(1)</num><content><p>Article 207 of the 1989 Order (avoidance of certain floating charges) has effect as follows.</p></
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-7-paragraph-10" class="schProv1"><num>10</num><subparagraph eId="schedule-7-paragraph-10-1"><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-7-paragraph-11" class="schProv1"><num>11</num><subparagraph eId="schedule-7-paragraph-11-1"><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-12" class="schProv1"><num>12</num><intro><p>In Article 20B (arrangements coming to an end prematurely) omit—</p></intro><level class="para1" eId="schedule-7-paragraph-12-a"><num>(a)</num><content><p>“or par
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-7-paragraph-12-a"><num>(a)</num><content><p>“or paragraph 46 of Schedule A1”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-7-paragraph-12-b"><num>(b)</num><content><p>“or, as the case may be, paragraph 47(2)(b)(i) of Schedule A1”.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-13" class="schProv1"><num>13</num><content><p>In Article 100 (expenses of voluntary winding up), at the beginning insert “After the payment of any liabilities to which Article 148A applies,”.</p></content><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-14" class="schProv1"><num>14</num><content><p>In Article 102 (circumstances in which company may be wound up by the High Court), omit sub-paragraph (fa).</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-15" class="schProv1"><num>15</num><content><p>In Article 104 (application for winding up by the High Court), omit paragraph (4A).</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-7-paragraph-16" class="schProv1"><num>16</num><content><p><mod>In Article 107 (avoidance of p
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-7-paragraph-17" class="schProv1"><num>17</num><content><p><mod>Before Article 149 (and before
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-18" class="schProv1"><num>18</num><subparagraph eId="schedule-7-paragraph-18-1"><num>(1)</num><content><p>Article 149 (preferential debts: general provision) is amended as follows.</p></content></subparagra
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-19" class="schProv1"><num>19</num><subparagraph eId="schedule-7-paragraph-19-1"><num>(1)</num><content><p>Article 197 (supplies of water, electricity, etc) is amended as follows.</p></content></subparagraph
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-7-paragraph-20" class="schProv1"><num>20</num><content><p><mod>In Article 208ZA (remote atten
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-7-paragraph-21" class="schProv1"><num>21</num><content><p><mod>In Article 208ZB (use of websi
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-22" class="schProv1"><num>22</num><content><p>In Article 347 (“the relevant date” in relation to preferential debts), omit paragraph (2A).</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-7-paragraph-23" class="schProv1"><num>23</num><subparagraph eId="schedule-7-paragraph-23-1"><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-24" class="schProv1"><num>24</num><content><p>In Article 373 (offences: disapplication of section 20(2) of the 1954 Act), in paragraph (4), after “Articles” insert “13DA(5), 13DG(3), 13DH(4), 13DI(1), 13DJ(
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-25" class="schProv1"><num>25</num><content><p>In Article 383(a), for “Parts 2 to 7” substitute “Parts 1A to 7”.</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-26" class="schProv1"><num>26</num><content><p>Omit Schedule A1 (moratorium where directors propose voluntary arrangement).</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-7-paragraph-27" class="schProv1"><num>27</num><subparagraph eId="schedule-7-paragraph-27-1"><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-28" class="schProv1"><num>28</num><subparagraph eId="schedule-7-paragraph-28-1"><num>(1)</num><content><p>Schedule 5 (provision capable of inclusion in company insolvency rules) is amended as follows.</p></
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" xmlns:fo="http://www.w3.org/1999/XSL/Format" eId="schedule-7-p
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(a)</num><content><p>a moratorium under Part A1 of the Insolvency Act 1986;</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-35" class="schProv1"><num>35</num><content><p>In regulation 19 of the Financial Markets and Insolvency (Settlement Finality) Regulations 1999 (S.I. 1999/2979) (administration orders, etc), omit paragraph (4
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" xmlns:fo="http://www.w3.org/1999/XSL/Format" eId="schedule-3-p
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-42" class="schProv1"><num>42</num><intro><p>In section 154 of the Banking Act 2009 (winding-up or voluntary arrangement), in subsection (3A)—</p></intro><level class="para1" eId="schedule-3-paragraph-42-a">
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-3-paragraph-42-a"><num>(a)</num><content><p>omit “and Schedule A1”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-3-paragraph-42-b"><num>(b)</num><content><p>for “9” substitute “8”.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-3" class="schProv1"><num>3</num><content><p>Rules under section 411 of the Insolvency Act 1986 may provide for any provision made by paragraphs <ref href="#schedule-4-paragraph-13">13</ref> to <ref href="#s
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-39" class="schProv1"><num>39</num><content><p>In Schedule 3 to the Insolvency (Amendment) Act (Northern Ireland) 2016 omit paragraph 17.</p></content></paragraph>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><intro><p>“relevant provision” means—</p></intro><level class="para1"><num>(a)</num><content><p>section 12(2),</p></content></level><level class="para1"><num>(b)</num><content><p>section 15(2),</p></content></leve
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="schedule" eId="schedule-1"><num>SCHEDULE 1<authorialNote class="referenceNote"><p> Section 1(2)</p><
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" class="schGroup7" eId="schedule-1-paragraph-wrapper1n1"><heading/><content><p>In the I
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="schedule" eId="schedule-2"><num>SCHEDULE 2<authorialNote class="referenceNote"><p> Section 1(3)</p><
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" class="schGroup7" eId="schedule-2-paragraph-wrapper2n1"><heading/><content><p>In the I
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:default="http://www.w3.org/1999/xhtml" name="schedule" eId="schedule-3"><num>SCHEDULE 3<authorialNot
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:default="http://www.w3.org/1999/xhtml" name="crossheading" ukl:Name="Pblock" eId="schedule-3-crosshe
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="schedule-3-crossheading-building-societies-act-1986"><heading><i>Building Societies Act 1986</i></heading><paragraph eId="s
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="schedule-3-crossheading-the-financial-markets-and-insolvency-settlement-finality-regulations-1999"><heading><i>The Financia
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="schedule-3-crossheading-limited-liability-partnerships-act-2000"><heading><i>Limited Liability Partnerships Act 2000</i></h
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="schedule-3-crossheading-the-limited-liability-partnerships-regulations-2001"><heading><i>The Limited Liability Partnerships
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content><p>“<term refersTo="#term-relevant-authority" eId="term-relevant-authority">relevant authority</term>” has the meaning given by section 28(4);</p></content></hcontainer>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-49" class="schProv1"><num>49</num><subparagraph eId="schedule-3-paragraph-49-1"><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-55" class="schProv1"><num>55</num><subparagraph eId="schedule-3-paragraph-55-1"><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-31" class="schProv1"><num>31</num><content><p>In section 14 of the Limited Liability Partnerships Act 2000 (regulations to make provision about insolvency and winding up), in subsection (1)(b), for “Parts 2
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-34" class="schProv1"><num>34</num><subparagraph eId="schedule-7-paragraph-34-1"><num>(1)</num><content><p>The Insolvency (Northern Ireland) Order 2002 is amended as follows.</p></content></subparagraph><sub
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-12" class="schProv1"><num>12</num><content><p>Paragraphs <ref href="#schedule-8-paragraph-13">13</ref> to <ref href="#schedule-8-paragraph-54">54</ref> cease to have effect at the end of the relevant period
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-15" class="schProv1"><num>15</num><content><p>A notice under Article <ref href="#d25e5705">13BC</ref><ref href="#d25e5715">(1)(a)</ref> of the Insolvency (Northern Ireland) Order 1989 must state the company
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-18" class="schProv1"><num>18</num><intro><p>A notice under Article <ref href="#d25e5890">13BE</ref><ref href="#d25e5900">(2)</ref> of the Insolvency (Northern Ireland) Order 1989 must—</p></intro><level cla
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-18-a"><num>(a)</num><content><p>state that it is given by the monitor acting in that capacity, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-18-b"><num>(b)</num><content><p>state the name and contact details of the monitor.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-21" class="schProv1"><num>21</num><content><p>Each statement under Article <ref href="#d25e6113">13CA</ref><ref href="#d25e857">(1)(b)</ref> to <ref href="#d25e884">(d)</ref> or <ref href="#d25e6192">13CB</
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-32" class="schProv1"><num>32</num><content><p>A statement under Article <ref href="#d25e6377">13CD</ref><ref href="#d25e6387">(2)</ref> must be made within the period of 3 days ending with the day on which
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-9-paragraph-21" class="schProv1"><num>21</num><intro><p>In section 17 of the Limited Liabilit
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-9-paragraph-21-a"><num>(a)</num><content><p>in the entry for Part 26 of the Companies Act 2006, after “reconstructions” insert “: general”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="schedule-9-paragraph-21-b"><num>(b)</num><content><p><mod>after that entry insert—<quotedStr
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-9-paragraph-40" class="schProv1"><num>40</num><content><p><mod>In Part 2 of the Housing and R
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-9-paragraph-49" class="schProv1"><num>49</num><subparagraph eId="schedule-9-paragraph-49-1"><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-14-paragraph-1" class="schProv1"><num>1</num><intro><p>In this Schedule “qualifying body” means—</p></intro><level class="para1" eId="schedule-14-paragraph-1-a"><num>(a)</num><content><p>a registered society within the
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-14-paragraph-1-a"><num>(a)</num><content><p>a registered society within the meaning of the <ref eId="c00144" href="http://www.legislation.gov.uk/id/apni/1969/24">Co-operative and Community Benefit Societies A
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-14-paragraph-1-b"><num>(b)</num><content><p>a credit union within the meaning of the Credit Unions (Northern Ireland) Order 1985 (<ref eId="c00145" href="http://www.legislation.gov.uk/id/nisi/1985/1205">S.I.
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-14-paragraph-1-c"><num>(c)</num><content><p>a building society within the meaning of the Building Societies Act 1986,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-14-paragraph-1-d"><num>(d)</num><content><p>a society that is registered within the meaning of the Friendly Societies Act 1974 or incorporated under the Friendly Societies Act 1992,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-14-paragraph-1-e"><num>(e)</num><content><p>a registered branch within the meaning of the Friendly Societies Act 1992,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-14-paragraph-1-f"><num>(f)</num><content><p>a Scottish charitable incorporated organisation within the meaning of Chapter 7 of Part 1 of the Charities and Trustee Investment (Scotland) Act <ref eId="c00146" h
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-14-paragraph-1-g"><num>(g)</num><content><p>a company within the meaning of section 1(1) of the Companies Act 2006,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-14-paragraph-1-h"><num>(h)</num><content><p>a charitable incorporated organisation within the meaning of Part 11 of the Charities Act 2011, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-14-paragraph-1-i"><num>(i)</num><content><p>a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-14-paragraph-4" class="schProv1"><num>4</num><subparagraph eId="schedule-14-paragraph-4-1"><num>(1)</num><content><p>The appropriate national authority may by regulations make provision for the purposes of, or in conne
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-14-paragraph-7" class="schProv1"><num>7</num><subparagraph eId="schedule-14-paragraph-7-1"><num>(1)</num><content><p>Regulations made by the Secretary of State or the Treasury under this Schedule are to be made by stat
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-14-paragraph-10" class="schProv1"><num>10</num><intro><p>In this Schedule—</p></intro><hcontainer name="definition"><content><p>“accounts meeting” means a general meeting of a public company at which the company’s annu
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" xmlns:fo="http://www.w3.org/1999/XSL/Format" name="schedule"
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-part-1"><num>PART 1</num><heading>“Relevant period” and powers to turn off temporary provision</heading><hcontainer name="crossheading" class="schGroup7"><heading>“Relevant period”</heading><paragraph eId="schedule-4-para
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-4-part-2"><num>PART 2</num><heading>Modifications to primary legislation</heading><hcontainer name
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" xmlns:fo="http://www.w3.org/1999/XSL/Format" eId="schedule-4-part-3
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7"><heading>Third Parties (Rights against Insurers) Act 2010</heading><paragraph eId="schedule-9-paragraph-45" class="schProv1"><num>45</num><content><p>In section 6 of the Third Parties (Rights a
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-29" class="schProv1"><num>29</num><subparagraph eId="schedule-4-paragraph-29-1"><num>(1)</num><intro><p>An application by the directors of a company for the extension of a moratorium under section <ref href
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-75" class="schProv1"><num>75</num><subparagraph eId="schedule-4-paragraph-75-1"><num>(1)</num><content><p>A notice under section <ref href="#d25e2457">A24</ref><ref href="#d25e2525">(1)</ref> of the Insolve
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-78" class="schProv1"><num>78</num><subparagraph eId="schedule-4-paragraph-78-1"><num>(1)</num><intro><p>A statement under section <ref href="#d25e3488">A39</ref><ref href="#d25e3516">(4)</ref> of the Insolv
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-81" class="schProv1"><num>81</num><intro><p>Where the court makes an order by virtue of section A44(4)(c) of the Insolvency Act 1986 requiring a decision of a company’s creditors, the following provisions o
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-81-a"><num>(a)</num><content><p>Part 5 (decision making);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-81-b"><num>(b)</num><content><p>Part 6 (proxies).</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-84" class="schProv1"><num>84</num><content><p>Rule 1.5 of the Scottish Insolvency Rules (requirement for writing and form of documents) applies for the purposes of Part A1 of the Insolvency Act 1986.</p></c
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-88" class="schProv1"><num>88</num><intro><p>Where a provision of this Part of this Schedule requires a document to contain contact details of a monitor or other office-holder, the following information must
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-88-a"><num>(a)</num><content><p>a postal address for the monitor or office-holder, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-88-b"><num>(b)</num><content><p>either an email address, or a telephone number, through which the monitor may be contacted.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-8-paragraph-9" class="schProv1"><num>9</num><content><p><mod>In relation to a moratorium that
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-45" class="schProv1"><num>45</num><content><p>In section 6 of the Third Parties (Rights against Insurers) Act 2010 (corporate bodies etc), in subsection (1), after “section 899” insert “or 901F”.</p></conte
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-9-paragraph-50" class="schProv1"><num>50</num><content><p><mod>In section 118 of the Co-opera
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-4-paragraph-85" class="schProv1"><num>85</num><subparagraph eId="schedule-4-paragraph-85-1"><num>(1)</num><content><p>The following provisions of the Sco
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(b)</num><content><p>section 19(2),</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-31" class="schProv1"><num>31</num><subparagraph eId="schedule-4-paragraph-31-1"><num>(1)</num><content><p>A notice under section <ref href="#d25e1464">A17</ref><ref href="#d25e1468">(1)</ref> of the Insolve
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-37" class="schProv1"><num>37</num><intro><p>For the purposes of deciding whether to bring a moratorium to an end under section <ref href="#d25e3388">A38</ref><ref href="#d25e3419">(1)(d)</ref> of the Insolv
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-37-a"><num>(a)</num><content><p>any debts that the monitor has reasonable grounds for thinking are likely to be paid within 5 days of the decision, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-37-b"><num>(b)</num><content><p>any debts in respect of which the creditor has agreed to defer payment until a time that is later than the decision.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-40" class="schProv1"><num>40</num><subparagraph eId="schedule-4-paragraph-40-1"><num>(1)</num><content><p>An administrator or liquidator of a company may apply to the court on the ground that remuneration c
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-43" class="schProv1"><num>43</num><subparagraph eId="schedule-4-paragraph-43-1"><num>(1)</num><intro><p>Where paragraph 64A(1) of Schedule B1 to the Insolvency Act 1986 applies, the moratorium debts and pre
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" xmlns:fo="http://www.w3.org/1999/XSL/Format" eId="schedule-4-paragraph-47" class="schProv1"><num>47</num><subparagraph eId
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-50" class="schProv1"><num>50</num><content><p>In this Part of this Schedule “the England and Wales Insolvency Rules” means the Insolvency (England and Wales) Rules 2016.</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-27" class="schProv1"><num>27</num><content><p>In Part 2 of Schedule 20 to the Energy Act 2004 (conduct of energy administration: modifications of Schedule B1 to the Insolvency Act 1986), in paragraph 16(2),
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-30" class="schProv1"><num>30</num><content><p>The Companies Act 2006 is amended as follows.</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-42" class="schProv1"><num>42</num><content><p>The Corporation Tax Act 2010 is amended as follows.</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-21" class="schProv1"><num>21</num><subparagraph eId="schedule-10-paragraph-21-1"><num>(1)</num><intro><p>In this Part of this Schedule, “relevant period” means the period which—</p></intro><level class="pa
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-32" class="schProv1"><num>32</num><subparagraph eId="schedule-4-paragraph-32-1"><num>(1)</num><content><p>A notice under section <ref href="#d25e1464">A17</ref><ref href="#d25e1610">(2)</ref> or <ref href="
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-9-paragraph-31" class="schProv1"><num>31</num><content><p><mod>In section 32(1) (constitution
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-43" class="schProv1"><num>43</num><subparagraph eId="schedule-9-paragraph-43-1"><num>(1)</num><content><p>Part 7ZA (restrictions on obtaining certain deductions) is amended as follows.</p></content></subpar
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-33" class="schProv1"><num>33</num><intro><p>Where a moratorium comes to an end under section <ref href="#d25e1400">A16</ref> of the Insolvency Act 1986 because the company has entered into a relevant insolv
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-33-a"><num>(a)</num><content><p>the date on which the company entered into the relevant insolvency procedure, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-33-b"><num>(b)</num><content><p>the name and contact details of the supervisor of the voluntary arrangement, the administrator or the liquidator.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-32" class="schProv1"><num>32</num><content><p>In section 93 (recent allotment of shares for non-cash consideration), in subsection (7)(b)(i), after “Part 26” insert “or 26A”.</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-44" class="schProv1"><num>44</num><content><p>In Part 14 (change in company ownership), in section 724A (disregard of change in parent company), in subsection (7)(a), after “Part 26” insert “or 26A”.</p></c
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-34" class="schProv1"><num>34</num><subparagraph eId="schedule-4-paragraph-34-1"><num>(1)</num><content><p>A notice under section <ref href="#d25e1464">A17</ref><ref href="#d25e1633">(4)</ref> of the Insolve
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-9-paragraph-33" class="schProv1"><num>33</num><subparagraph eId="schedule-9-paragraph-33-1"><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-34" class="schProv1"><num>34</num><content><p>In section 681 (unconditional exceptions to prohibition against financial assistance), in subsection (2)(e), after “Part 26” insert “or 26A”.</p></content></par
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-9-paragraph-35" class="schProv1"><num>35</num><subparagraph eId="schedule-9-paragraph-35-1"><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-9-paragraph-36" class="schProv1"><num>36</num><subparagraph eId="schedule-9-paragraph-36-1"><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-37" class="schProv1"><num>37</num><subparagraph eId="schedule-9-paragraph-37-1"><num>(1)</num><content><p>In Part 31 (dissolution and restoration to the register), Chapter 1 (striking off) is amended as fol
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-38" class="schProv1"><num>38</num><content><p>In section 1078 (documents subject to disclosure requirements), in subsection (3), for “section 899 or 900” substitute “section 899, 900, 901F or 901J”.</p></co
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" xmlns:fo="http://www.w3.org/1999/XSL/Format" eId="schedule-9-p
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(d)</num><content><p>this Act,</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-4-paragraph-46" class="schProv1"><num>46</num><content><p>The following provisions of Chapter 9 of Part 1 of the England and Wales Insolvency Rules apply
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-49" class="schProv1"><num>49</num><intro><p>Where a provision of this Part of this Schedule requires a document to contain contact details of a monitor or other office-holder, the following information must
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-49-a"><num>(a)</num><content><p>a postal address for the monitor or office-holder, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-49-b"><num>(b)</num><content><p>either an email address, or a telephone number, through which the monitor may be contacted.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-2" class="schProv1"><num>2</num><subparagraph eId="schedule-8-paragraph-2-1"><num>(1)</num><content><p>The Department for the Economy in Northern Ireland may by regulations provide for any provision made by
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-6" class="schProv1"><num>6</num><subparagraph eId="schedule-8-paragraph-6-1"><num>(1)</num><intro><p>For the purposes of obtaining a moratorium under Article <ref href="#d25e5540">13B</ref> of the Insolvenc
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-7" class="schProv1"><num>7</num><intro><p>In relation to an application for a moratorium made under Article <ref href="#d25e5592">13BA</ref> or <ref href="#d25e5647">13BB</ref> of the Insolvency (Northern I
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-7-a"><num>(a)</num><content><p>Article <ref href="#d25e5705">13BC</ref><ref href="#d25e5751">(1)(e)</ref> of that Order has effect as if at the end there were inserted “or would do so if it were n
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-7-b"><num>(b)</num><content><p>Schedule ZA1 to that Order has effect as if paragraph 2(1)(b) and (2)(b) were omitted.</p></content></level>
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" xmlns:fo="http://www.w3.org/1999/XSL/Format" eId="schedule-4-part-4
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-part-5"><num>PART 5</num><heading>Entities other than companies</heading><paragraph eId="schedule-4-paragraph-91" class="schProv1"><num>91</num><content><p>Regulations under section 14(1) of the Limited Liability Partners
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-91" class="schProv1"><num>91</num><content><p>Regulations under section 14(1) of the Limited Liability Partnership Act 2000 may make provision applying or incorporating provision made by or under this Sched
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-92" class="schProv1"><num>92</num><content><p>An order or regulations under section 118(1)(a), (3B) or (3C) of the Co-operative and Community Benefit Societies Act 2014 may provide for provision made by or
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="schedule" eId="schedule-5"><num>SCHEDULE 5<authorialNote class="referenceNote"><p>Section 4(2)</p></
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="schedule" eId="schedule-6"><num>SCHEDULE 6<authorialNote class="referenceNote"><p>Section 4(3)</p></
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:default="http://www.w3.org/1999/xhtml" xmlns:fo="http://www.w3.org/1999/XSL/Format" name="schedule"
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="schedule" eId="schedule-8"><num>SCHEDULE 8<authorialNote class="referenceNote"><p>Section 6</p></aut
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-part-1"><num>PART 1</num><heading>“Relevant period” and powers to turn off temporary provision</heading><hcontainer name="crossheading" class="schGroup7"><heading>“Relevant period”</heading><paragraph eId="schedule-8-para
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-8-part-2"><num>PART 2</num><heading>Modifications to primary legislation</heading><hcontainer name
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(e)</num><content><p>winding up under Part 4 or 5 of that Act;</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-8" class="schProv1"><num>8</num><subparagraph eId="schedule-8-paragraph-8-1"><num>(1)</num><content><p>This paragraph applies in relation to a moratorium that comes into force during the relevant period.</p
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-11" class="schProv1"><num>11</num><content><p>In the modifications made by this Part of this Schedule “coronavirus” means severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2).</p></content></paragra
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-8" class="schProv1"><num>8</num><content><p>The Insolvency (Northern Ireland) Order 1989 is amended as follows.</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-17" class="schProv1"><num>17</num><subparagraph eId="schedule-11-paragraph-17-1"><num>(1)</num><intro><p>This paragraph applies in relation to a petition which is presented by a creditor under Article 104
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-9" class="schProv1"><num>9</num><content><p>In Article 150A (share of assets for unsecured creditors), in paragraph (4)(b), after “Part 26” insert “or 26A”.</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-10" class="schProv1"><num>10</num><subparagraph eId="schedule-9-paragraph-10-1"><num>(1)</num><content><p>Schedule B1 (administration) is amended as follows.</p></content></subparagraph><subparagraph eId="s
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(c)</num><content><p>any other association or body of persons, whether or not incorporated, and</p></content></level>
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-8-part-3"><num>PART 3</num><heading>Temporary rules</heading><hcontainer name="crossheading" class
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(e)</num><content><p>winding up under Part 5 or 6 of that Order;</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-37" class="schProv1"><num>37</num><subparagraph eId="schedule-8-paragraph-37-1"><num>(1)</num><content><p>A notice under Article <ref href="#d25e7730">13DF</ref><ref href="#d25e7734">(1)</ref> of the Insolv
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-40" class="schProv1"><num>40</num><subparagraph eId="schedule-8-paragraph-40-1"><num>(1)</num><intro><p>A statement under Article <ref href="#d25e8729">13EE</ref><ref href="#d25e8757">(4)</ref> of the Insol
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-43" class="schProv1"><num>43</num><intro><p>Where the High Court makes an order by virtue of Article 13FB(4)(c) of the Insolvency (Northern Ireland) Order 1989 requiring the summoning of a meeting of a comp
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-43-a"><num>(a)</num><content><p>Rules 4.061 to 4.077 (meetings);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-43-b"><num>(b)</num><content><p>Part 8 (proxies);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-43-c"><num>(c)</num><content><p>Rule 12.05 (quorum).</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-46" class="schProv1"><num>46</num><subparagraph eId="schedule-8-paragraph-46-1"><num>(1)</num><content><p>Rule 12.04 of the Insolvency Rules applies to applications and statements referred to in Part 1A of
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-51" class="schProv1"><num>51</num><subparagraph eId="schedule-8-paragraph-51-1"><num>(1)</num><intro><p>Where a provision of this Part of this Schedule requires a document to contain identification details
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-54" class="schProv1"><num>54</num><content><p>Expressions used in this Part of this Schedule are to be construed as if this Part of this Schedule were contained in Part 1A of the Insolvency (Northern Irelan
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-14-paragraph-3" class="schProv1"><num>3</num><subparagraph eId="schedule-14-paragraph-3-1"><num>(1)</num><content><p>This paragraph applies to a meeting within sub-paragraph (2) that is held during the relevant period.
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-14-paragraph-6" class="schProv1"><num>6</num><subparagraph eId="schedule-14-paragraph-6-1"><num>(1)</num><content><p>The appropriate national authority may by regulations provide for any provision that would (but for t
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-14-paragraph-9" class="schProv1"><num>9</num><subparagraph eId="schedule-14-paragraph-9-1"><num>(1)</num><content><p>Regulations made by the Department for the Economy in Northern Ireland under paragraph <ref href="#sc
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-47" class="schProv1"><num>47</num><subparagraph eId="schedule-8-paragraph-47-1"><num>(1)</num><content><p>This paragraph applies where a provision of this Part of this Schedule sets out requirements as to t
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-48" class="schProv1"><num>48</num><intro><p>Where a provision of this Part of this Schedule sets out the required contents of a document, the document may depart from the required contents if—</p></intro><l
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-48-a"><num>(a)</num><content><p>the circumstances require such a departure (including where the requirement is not applicable in the particular case), or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-48-b"><num>(b)</num><content><p>the departure (whether or not intentional) is immaterial.</p></content></level>
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-part-4"><num>PART 4</num><heading>Entities other than companies</heading><paragraph eId="schedule-8-paragraph-55" class="schProv1"><num>55</num><content><p>Regulations under section 14(1) of the Limited Liability Partners
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-55" class="schProv1"><num>55</num><content><p>Regulations under section 14(1) of the Limited Liability Partnership Act 2000 may make provision applying or incorporating provision made by or under this Sched
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-56" class="schProv1"><num>56</num><intro><p>An order under Article 10(2) of the Insolvency (Northern Ireland) Order 2005 may provide for provision made by or under this Schedule to apply (with or without mo
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-56-a"><num>(a)</num><content><p>a registered society within the meaning of the Co-operative and Community Benefit Societies Act (Northern Ireland) 1969, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-56-b"><num>(b)</num><content><p>a credit union within the meaning of the Credit Unions (Northern Ireland) Order 1985.</p></content></level>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" xmlns:fo="http://www.w3.org/1999/XSL/Format" name="schedule"
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-9-part-1"><num>PART 1</num><heading>Main provisions</heading><paragraph eId="schedule-9-paragraph-
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-9-paragraph-1" class="schProv1"><num>1</num><content><p><mod>In the Companies Act 2006, after
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" xmlns:fo="http://www.w3.org/1999/XSL/Format" eId="schedule-9-part-2
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="schedule" eId="schedule-10"><num>SCHEDULE 10<authorialNote class="referenceNote"><p>Section 10</p></authorialNote></num><heading>Winding-up petitions: Great Britain</heading><part eId="schedule-10-part-1"><num>PART 1</num><he
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-part-1"><num>PART 1</num><heading>Prohibition of petitions on basis of statutory demands</heading><paragraph eId="schedule-10-paragraph-1" class="schProv1"><num>1</num><subparagraph eId="schedule-10-paragraph-1-1"><num>(
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-1" class="schProv1"><num>1</num><subparagraph eId="schedule-10-paragraph-1-1"><num>(1)</num><content><p>No petition for the winding up of a registered company may be presented under section 124 of the 1986
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-part-2"><num>PART 2</num><heading>Restriction on winding-up petitions and orders</heading><hcontainer name="crossheading" class="schGroup7"><heading>Restriction on winding-up petitions: registered companies</heading><par
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(a)</num><content><p>section 13(2),</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-19" class="schProv1"><num>19</num><subparagraph eId="schedule-10-paragraph-19-1"><num>(1)</num><intro><p>This paragraph applies in relation to a petition which is presented in England and Wales by a credit
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-4" class="schProv1"><num>4</num><subparagraph eId="schedule-11-paragraph-4-1"><num>(1)</num><intro><p>This paragraph applies where a creditor presents a petition under Article 104 of the 1989 Order—</p></i
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-7" class="schProv1"><num>7</num><subparagraph eId="schedule-11-paragraph-7-1"><num>(1)</num><intro><p>This paragraph applies where—</p></intro><level class="para1" eId="schedule-11-paragraph-7-1-a"><num>(a
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-18" class="schProv1"><num>18</num><subparagraph eId="schedule-11-paragraph-18-1"><num>(1)</num><intro><p>In this Part of this Schedule, “relevant period” means the period which—</p></intro><level class="pa
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-14-paragraph-2" class="schProv1"><num>2</num><subparagraph eId="schedule-14-paragraph-2-1"><num>(1)</num><intro><p>In this Schedule the “relevant period” means the period which—</p></intro><level class="para1" eId="sch
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-14-paragraph-5" class="schProv1"><num>5</num><subparagraph eId="schedule-14-paragraph-5-1"><num>(1)</num><content><p>This paragraph applies where by reason of any provision a qualifying body is or was under a duty to h
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-14-paragraph-8" class="schProv1"><num>8</num><subparagraph eId="schedule-14-paragraph-8-1"><num>(1)</num><content><p>Regulations made by the Scottish Ministers under paragraph <ref href="#schedule-14-paragraph-2-2-a">2
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-20" class="schProv1"><num>20</num><subparagraph eId="schedule-10-paragraph-20-1"><num>(1)</num><intro><p>This paragraph applies in relation to a petition which is presented in Scotland by a creditor under
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-part-3"><num>PART 3</num><heading>General</heading><paragraph eId="schedule-10-paragraph-22" class="schProv1"><num>22</num><intro><p>In this Schedule—</p></intro><hcontainer name="definition"><content><p>“the 1986 Act” m
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-22" class="schProv1"><num>22</num><intro><p>In this Schedule—</p></intro><hcontainer name="definition"><content><p>“the 1986 Act” means the Insolvency Act 1986;</p></content></hcontainer><hcontainer name="
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><intro><p>“<term refersTo="#term-corporate-insolvency-or-restructuring-procedure" eId="term-corporate-insolvency-or-restructuring-procedure">corporate insolvency or restructuring procedure</term>” means—</p></intr
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-13-paragraph-5" class="schProv1"><num>5</num><content><p>In the <ref eId="c00143" href="http://www.legislation.gov.uk/id/nisr/1995/225">Insolvent Partnerships Order (Northern Ireland) 1995 (S.R. (N.I.) 1995/225)</ref>,
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(c)</num><content><p>paragraph 1 of Schedule 4, or</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-23" class="schProv1"><num>23</num><subparagraph eId="schedule-10-paragraph-23-1"><num>(1)</num><content><p>The provisions of this Schedule, so far as relating to registered companies, have effect as if the
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="schedule" eId="schedule-11"><num>SCHEDULE 11<authorialNote class="referenceNote"><p>Section 11</p></authorialNote></num><heading>Winding-up petitions: Northern Ireland</heading><part eId="schedule-11-part-1"><num>PART 1</num>
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-part-1"><num>PART 1</num><heading>Prohibition of petitions on basis of statutory demands</heading><paragraph eId="schedule-11-paragraph-1" class="schProv1"><num>1</num><subparagraph eId="schedule-11-paragraph-1-1"><num>(
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-1" class="schProv1"><num>1</num><subparagraph eId="schedule-11-paragraph-1-1"><num>(1)</num><content><p>No petition for the winding up of a registered company may be presented under Article 104 of the 1989
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-part-2"><num>PART 2</num><heading>Restriction on winding-up petitions and orders</heading><hcontainer name="crossheading" class="schGroup7"><heading>Restriction on winding-up petitions: registered companies</heading><par
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-part-3"><num>PART 3</num><heading>General</heading><paragraph eId="schedule-11-paragraph-19" class="schProv1"><num>19</num><intro><p>In this Schedule—</p></intro><hcontainer name="definition"><content><p>“the 1989 Order”
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-19" class="schProv1"><num>19</num><intro><p>In this Schedule—</p></intro><hcontainer name="definition"><content><p>“the 1989 Order” means the Insolvency (Northern Ireland) Order 1989 (<ref eId="c00114" hre
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-20" class="schProv1"><num>20</num><subparagraph eId="schedule-11-paragraph-20-1"><num>(1)</num><content><p>The provisions of this Schedule, so far as relating to registered companies, have effect as if the
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="schedule" eId="schedule-12"><num>SCHEDULE 12<authorialNote class="referenceNote"><p>Section 14</p></
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-12-part-1"><num>PART 1</num><heading>Exclusions</heading><paragraph eId="schedule-12-paragraph-1"
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-12-paragraph-1" class="schProv1"><num>1</num><content><p><mod>In the Insolvency Act 1986, aft
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-12-part-2"><num>PART 2</num><heading>Consequential amendments</heading><hcontainer name="crosshead
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><intro><p>“<term refersTo="#term-corporate-insolvency-or-restructuring-procedure" eId="term-corporate-insolvency-or-restructuring-procedure">corporate insolvency or restructuring procedure</term>” means—</p></intr
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-12-paragraph-5" class="schProv1"><num>5</num><content><p>In the Insolvent Partnerships Order 1994 (<ref eId="c00127" href="http://www.legislation.gov.uk/id/uksi/1994/2421">S.I. 1994/2421</ref>), in article 4(3)(a), for
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-12-paragraph-6" class="schProv1"><num>6</num><content><p><mod>In Schedule 4 to the Limited Li
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-12-paragraph-7" class="schProv1"><num>7</num><content><p><mod>In Schedule 2 to the Limited Li
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-12-paragraph-8" class="schProv1"><num>8</num><content><p><mod>In Schedule 3 to the Co-operati
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="schedule" eId="schedule-13"><num>SCHEDULE 13<authorialNote class="referenceNote"><p>Section 18</p></
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-13-part-1"><num>PART 1</num><heading>Exclusions</heading><paragraph eId="schedule-13-paragraph-1"
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-13-paragraph-1" class="schProv1"><num>1</num><content><p><mod>After Schedule 2 to the Insolve
<part xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-13-part-2"><num>PART 2</num><heading>Consequential amendments</heading><hcontainer name="crosshead
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="schedule" eId="schedule-14"><num>SCHEDULE 14<authorialNote class="referenceNote"><p>Section 37</p></authorialNote></num><heading>Meetings of companies and other bodies</heading><hcontainer name="crossheading" class="schGroup7
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-4" class="schProv1"><num>4</num><content><p>Rules under section 411 of the Insolvency Act 1986 may make transitional provision or savings in connection with any provision made by paragraphs <ref href="#sche
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7"><heading>Extension under section <ref href="#d25e841">A10</ref> or <ref href="#d25e920">A11</ref> of the Insolvency Act 1986: notices and statements</heading><paragraph eId="schedule-4-paragrap
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-52" class="schProv1"><num>52</num><content><p>Paragraphs <ref href="#schedule-4-paragraph-53">53</ref> to <ref href="#schedule-4-paragraph-90">90</ref> cease to have effect at the end of the relevant period
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-55" class="schProv1"><num>55</num><subparagraph eId="schedule-4-paragraph-55-1"><num>(1)</num><content><p>A notice or statement under section <ref href="#d25e433">A6</ref><ref href="#d25e437">(1)</ref>, <re
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-58" class="schProv1"><num>58</num><content><p>Each statement under section <ref href="#d25e433">A6</ref><ref href="#d25e449">(1)(b)</ref> to <ref href="#d25e479">(e)</ref> of the Insolvency Act 1986 must be
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-61" class="schProv1"><num>61</num><content><p>A statement by the monitor under section <ref href="#d25e841">A10</ref><ref href="#d25e963">(1)(d)</ref> or <ref href="#d25e920">A11</ref><ref href="#d25e963">(
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-8-paragraph-10" class="schProv1"><num>10</num><content><p><mod>In relation to a moratorium th
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" class="schGroup7"><heading>Value Added Tax Act 1994</heading><paragraph eId="schedule-
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-34" class="schProv1"><num>34</num><content><p>In Schedule 15A to the Building Societies Act 1986 (application of other companies insolvency legislation to building societies), in paragraph 1(2)(a), omit “(
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-46" class="schProv1"><num>46</num><content><p>The Investment Bank Special Administration Regulations 2011 (<ref eId="c00068" href="http://www.legislation.gov.uk/id/uksi/2011/245">S.I. 2011/245</ref>) are am
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-2" class="schProv1"><num>2</num><content><p>The Finance Act 1986 is amended as follows.</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-9-paragraph-15" class="schProv1"><num>15</num><content><p><mod>In section 26AA of the Value A
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-47" class="schProv1"><num>47</num><intro><p>In regulation 21 (dissolution or voluntary arrangement), in paragraph (5A)—</p></intro><level class="para1" eId="schedule-3-paragraph-47-a"><num>(a)</num><content
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-3-paragraph-47-a"><num>(a)</num><content><p>omit “and Schedule A1”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-3-paragraph-47-b"><num>(b)</num><content><p>for the first “9” substitute “8”.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-3" class="schProv1"><num>3</num><content><p>In section 80D (repurchases and stock lending: replacement stock on insolvency), in subsection (9)(f), after “Part 26” insert “or 26A”.</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-48" class="schProv1"><num>48</num><intro><p>In Schedule 2 (bank administration), in paragraph 16(3)(ba)—</p></intro><level class="para1" eId="schedule-3-paragraph-48-a"><num>(a)</num><content><p>omit “and S
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-3-paragraph-48-a"><num>(a)</num><content><p>omit “and Schedule A1”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-3-paragraph-48-b"><num>(b)</num><content><p>for the first “9” substitute “8”.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-4" class="schProv1"><num>4</num><content><p>In section 89AB (stamp duty reserve tax: exception for repurchases and stock lending in case of insolvency), in subsection (9)(f), after “Part 26” insert “or 26A”
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-15-11"><num>(11)</num><content><p>This section has effect as if it were included in Part 6 of the Insolvency Act 1986.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-16"><num>16</num><heading>Protection of supplies of electricity, gas, water, etc: Northern Irela
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16-1"><num>(1)</num><content><p>Article 197 of the Insolvency (Northern Ireland) Order 1989 (S.I. 1989/2405 (N.I. 19)) is amended as follows.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-16-2"><num>(2)</num><content><p>Paragraph (3) is amended in accordance with subsections (3) to (5).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-16-3"><num>(3)</num><content><p><mod>After sub-paragraph (a) insert—<quotedStructure startQuo
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-16-4"><num>(4)</num><content><p><mod>After sub-paragraph (b) insert—<quotedStructure startQuo
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-16-5"><num>(5)</num><content><p><mod>After sub-paragraph (c) (and before the words “and in t
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-16-6"><num>(6)</num><content><p><mod>After paragraph (3) insert—<quotedStructure startQuote="
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-17"><num>17</num><heading>Further protection of ess
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-17-1"><num>(1)</num><content><p><mod>After Article 197 of the Insolvency (Northern Ireland) O
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="section-17-2"><num>(2)</num><content><p><mod>In Schedule
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-17-3"><num>(3)</num><content><p>The amendments made by this section have effect in relation to a company which enters administration or has a voluntary arrangement take effect in relation to it on or after the day on w
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-18"><num>18</num><heading>Protection of supplies of goods and services: Northern Ireland</headin
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-18-1"><num>(1)</num><content><p><mod>After Article 197A of the Insolvency (Northern Ireland)
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-18-2"><num>(2)</num><content><p><mod>In the Insolvency (Northern Ireland) Order 1989, in Article 2(2), in the definition of “regulations”, before “Article 359(2)” insert <quotedText>“ Article 197C a
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-18-3"><num>(3)</num><intro><p>Schedule 13—</p></intro><level class="para1" eId="section-18-3-a"><num>(a)</num><content><p>inserts a new Schedule into the Insolvency (Northern Ireland) Order 1989 which provides for excl
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-18-3-a"><num>(a)</num><content><p>inserts a new Schedule into the Insolvency (Northern Ireland) Order 1989 which provides for exclusions from the operation of Article 197B of that Order, and</p></content></lev
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-18-3-b"><num>(b)</num><content><p>contains consequential amendments.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-18-4"><num>(4)</num><content><p>The amendments made by this section and Schedule 13 have effect in relation to a company which becomes subject to a relevant insolvency procedure on or after the day on which this sectio
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" eId="section-19"><num>19</num><heading>Temporary exclusion for small suppliers: Northern Ireland</heading><su
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-1"><num>(1)</num><intro><p>Article 197B of the Insolvency (Northern Ireland) Order 1989 does not apply in relation to a contract for the supply of goods or services to a company where—</p></intro><level class="para1
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-19-1-a"><num>(a)</num><content><p>the company becomes subject to a relevant insolvency procedure during the relevant period, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-19-1-b"><num>(b)</num><content><p>the supplier is a small entity at the time the company becomes subject to the procedure.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" eId="section-19-2"><num>(2)</num><intro><p>In subsection (1)(a) “<term refersTo="#term-relevant-period" e
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-19-2-a"><num>(a)</num><content><p>begins with the day on which this section comes into force, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" class="para1" eId="section-19-2-b"><num>(b)</num><content><p>ends with <ins class="substitution first last" u
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-3"><num>(3)</num><content><p><mod>For the purposes of subsection (1)(b), whether the supplier is a “small entity” at the time the company becomes subject to a relevant insolvency procedure (the <quotedText>“
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-19-4"><num>(4)</num><content><p>Where the supplier is not in its first financial year at the relevant time, the supplier is a small entity at the relevan
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-5"><num>(5)</num><content><p>For the purposes of Condition 1 in subsection (4), if the supplier's most recent financial year was not 12 months, the maximum figure for turnover must be proportionately adjusted.</p></
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-6"><num>(6)</num><content><p>For the purposes of Condition 2 in subsection (4), the supplier's balance sheet total means the aggregate of the amounts shown as assets in the supplier's balance sheet.</p></content></s
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-7"><num>(7)</num><intro><p>For the purposes of Condition 3 in subsection (4), the number of the supplier's employees means the average number of persons employed by the supplier in its most recent financial year, de
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-19-7-a"><num>(a)</num><content><p>find for each month in that financial year the number of persons employed under contracts of service by the supplier in that month (whether throughout the month or not),</p></
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-19-7-b"><num>(b)</num><content><p>add together the monthly totals, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-19-7-c"><num>(c)</num><content><p>divide by the number of months in the financial year.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-8"><num>(8)</num><content><p>In subsections (4) to (7) the supplier's “most recent financial year” is the financial year of the supplier which, at the relevant time, has ended most recently.</p></content></subsecti
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-19-9"><num>(9)</num><content><p>Where the supplier is in its first financial year at the relevant time, the supplier is a small entity at the relevant ti
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-10"><num>(10)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><intro><p>“<term refersTo="#term-entity" eId="term-entity">entity</term>” means—</p></intro><level class="para1"><num>(a)</num><
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7"><heading>Timing of statements for obtaining moratorium</heading><paragraph eId="schedule-4-paragraph-18" class="schProv1"><num>18</num><content><p>Each statement under section <ref href="#d25e4
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-50" class="schProv1"><num>50</num><content><p>The Co-operative and Community Benefit Societies Act 2014 is amended as follows.</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-12" class="schProv1"><num>12</num><content><p>Paragraphs <ref href="#schedule-4-paragraph-13">13</ref> to <ref href="#schedule-4-paragraph-51">51</ref> cease to have effect at the end of the relevant period
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-15" class="schProv1"><num>15</num><subparagraph eId="schedule-4-paragraph-15-1"><num>(1)</num><content><p>A notice or statement under section <ref href="#d25e433">A6</ref><ref href="#d25e437">(1)</ref>, <re
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-18" class="schProv1"><num>18</num><content><p>Each statement under section <ref href="#d25e433">A6</ref><ref href="#d25e449">(1)(b)</ref> to <ref href="#d25e479">(e)</ref> of the Insolvency Act 1986 must be
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-21" class="schProv1"><num>21</num><content><p>A statement by the monitor under section <ref href="#d25e841">A10</ref><ref href="#d25e963">(1)(d)</ref> or <ref href="#d25e920">A11</ref><ref href="#d25e963">(
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-38" class="schProv1"><num>38</num><subparagraph eId="schedule-8-paragraph-38-1"><num>(1)</num><content><p>A notice under Article <ref href="#d25e8629">13ED</ref>(1) of the Insolvency (Northern Ireland) Orde
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-41" class="schProv1"><num>41</num><subparagraph eId="schedule-8-paragraph-41-1"><num>(1)</num><intro><p>A notice under Article 13EE(8) of the Insolvency (Northern Ireland) Order 1989 must state—</p></intro>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-44" class="schProv1"><num>44</num><subparagraph eId="schedule-8-paragraph-44-1"><num>(1)</num><intro><p>Where Article 148A of the Insolvency (Northern Ireland) Order 1989 applies, the moratorium debts and p
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-51" class="schProv1"><num>51</num><content><p>In section 106 (appointment of inspectors and calling of special meetings), omit subsection (2).</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-52" class="schProv1"><num>52</num><subparagraph eId="schedule-3-paragraph-52-1"><
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="definition"><content><p>“relevant authority” has the meaning given by section 28(4);</p></content></hcontainer>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-54" class="schProv1"><num>54</num><intro><p>In Article 1 of the Co-operative and
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-3-paragraph-54-a"><num>(a)</num><content><p>in paragraph (2), in the definition of “the 1986 Act”, at the end insert “(see also paragraph (5))”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="schedule-3-paragraph-54-b"><num>(b)</num><content><p><mod>after paragraph (4) insert—<quoted
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-1" class="schProv1"><num>1</num><intro><p>In this Schedule “relevant period” means the period which—</p></intro><level class="para1" eId="schedule-4-paragraph-1-a"><num>(a)</num><content><p>begins with the
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-1-a"><num>(a)</num><content><p>begins with the day on which this Schedule comes into force, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-1-b"><num>(b)</num><content><p>ends with 30 September 2020.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-53" class="schProv1"><num>53</num><content><p>In section 147 (regulations and orders), in subsection (3), for “97 or 118” substitute “or 97, or an order under section 118,”.</p></content></paragraph>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-19-11"><num>(11)</num><content><p>This section has effect as if it were included in Part 7 of the Insolvency (Northern Ireland) Order 1989.</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="crossheading" ukl:Name="Pblock" eId="crossheading-power-to-amend-corporate-insolvency-or-governance-
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-20"><num>20</num><heading>Regulations to amend legislation: Great Britain</heading><subsection eId="section-20-1"><num>(1)</num><intro><p>The Secretary of State may by regulations amend, or modify the effect of, corporate
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-20-1"><num>(1)</num><intro><p>The Secretary of State may by regulations amend, or modify the effect of, corporate insolvency or governance legislation so as to—</p></intro><level class="para1" eId="section-20-1-a"><num
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-1-a"><num>(a)</num><content><p>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
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-1-b"><num>(b)</num><content><p>change the way in which a corporate insolvency or restructuring procedure applies in relation to entities of any description, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-1-c"><num>(c)</num><content><p>change or disapply any duty of a person with corporate responsibility or the liability of such a person to any sanction.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-20-2"><num>(2)</num><intro><p>Regulations under this section may—</p></intro><level class="para1" eId="section-20-2-a"><num>(a)</num><content><p>make different provision for different purposes;</p></content></level><le
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-2-a"><num>(a)</num><content><p>make different provision for different purposes;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-20-2-b"><num>(b)</num><content><p>make provision binding the Crown.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-20-3"><num>(3)</num><content><p>Regulations under this section must be made in accordance with sections 21 to 26.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-21"><num>21</num><heading>Purposes</heading><subsection eId="section-21-1"><num>(1)</num><intro><p>The Secretary of State may only make regulations under section 20(1)(a) or (b) if satisfied that the regulations are exped
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-21-1"><num>(1)</num><intro><p>The Secretary of State may only make regulations under section 20(1)(a) or (b) if satisfied that the regulations are expedient for any of the following purposes—</p></intro><level class="p
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-1-a"><num>(a)</num><content><p>reducing, or assisting in the reduction of, the number of entities entering into corporate insolvency or restructuring procedures for reasons relating to the effects of corona
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-1-b"><num>(b)</num><content><p>mitigating or otherwise dealing with the effect on corporate insolvency or restructuring procedures of any increase or potential increase in the number of entities entering in
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-21-1-c"><num>(c)</num><intro><p>mitigating difficulties that corporate insolvency or restructuring procedures might impose on a business in view of—</p></intro><level class="para2" eId="section-21-1-c-i"><num>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-21-1-c-i"><num>(i)</num><content><p>any worsening of the financial position of the business in consequence of, or for reasons relating to, coronavirus,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-21-1-c-ii"><num>(ii)</num><content><p>constraints on people's ability to work, or to be in proximity to each other, as a result of coronavirus, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-21-1-c-iii"><num>(iii)</num><content><p>measures for public health taken in response to coronavirus.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-21-2"><num>(2)</num><content><p>The Secretary of State may only make regulations under section 20(1)(c) if satisfied that the regulations are expedient for the purpose of securing that the duties of persons with corpor
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-22"><num>22</num><heading>Restrictions</heading><subsection eId="section-22-1"><num>(1)</num><content><p>Before making regulations under section 20 the Secretary of State must consider the effect of the regulations on per
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-22-1"><num>(1)</num><content><p>Before making regulations under section 20 the Secretary of State must consider the effect of the regulations on persons likely to be affected by them (for example, debtors, creditors or
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-22-2"><num>(2)</num><intro><p>The Secretary of State may only make regulations under section 20 if satisfied—</p></intro><level class="para1" eId="section-22-2-a"><num>(a)</num><content><p>that the need for the provisi
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-22-2-a"><num>(a)</num><content><p>that the need for the provision made by the regulations is urgent,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-22-2-b"><num>(b)</num><content><p>that the provision made by the regulations is proportionate to the purpose for which it is made,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-22-2-c"><num>(c)</num><content><p>that it is not practicable without legislation to bring about the result intended to be brought about by that provision, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-22-2-d"><num>(d)</num><content><p>if the Secretary of State could make the same provision in other subordinate legislation, that doing so would risk not achieving the purpose for which the regulations are made
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-22-3"><num>(3)</num><intro><p>Regulations under section 20—</p></intro><level class="para1" eId="section-22-3-a"><num>(a)</num><content><p>may not create a criminal offence or civil penalty (but may modify the circumst
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-22-3-a"><num>(a)</num><content><p>may not create a criminal offence or civil penalty (but may modify the circumstances in which a person is guilty of an existing offence or liable for an existing civil penalty
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-22-3-b"><num>(b)</num><content><p>may not make provision so as to impose or increase a fee.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-22-4"><num>(4)</num><content><p>Regulations under section 20 may not make provision that could be made by an Act of the Scottish Parliament unless the Secretary of State has first consulted the Scottish Ministers.</p><
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-23"><num>23</num><heading>Time-limited effect</heading><subsection eId="section-23-1"><num>(1)</num><intro><p>Regulations under section 20 must be framed so that any provision made by them—</p></intro><level class="para1"
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-23-1"><num>(1)</num><intro><p>Regulations under section 20 must be framed so that any provision made by them—</p></intro><level class="para1" eId="section-23-1-a"><num>(a)</num><content><p>has effect only for a period
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-23-1-a"><num>(a)</num><content><p>has effect only for a period not exceeding six months, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-23-1-b"><num>(b)</num><content><p>applies only in relation to circumstances occurring in a period not exceeding six months.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-23-2"><num>(2)</num><intro><p>This does not prevent further regulations under section 20 from—</p></intro><level class="para1" eId="section-23-2-a"><num>(a)</num><content><p>making the same provision for, or applying i
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-23-2-a"><num>(a)</num><content><p>making the same provision for, or applying in relation to, subsequent periods (not exceeding six months at a time);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-23-2-b"><num>(b)</num><content><p>extending (by up to six months) the period for or in relation to which earlier regulations under that section apply.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-23-3"><num>(3)</num><content><p>The Secretary of State must keep regulations under section 20 under review during the period for which they have effect or in relation to which they apply.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-23-4"><num>(4)</num><intro><p>If on such a review the Secretary of State is satisfied that that period—</p></intro><level class="para1" eId="section-23-4-a"><num>(a)</num><content><p>is longer than expedient for the pu
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-23-4-a"><num>(a)</num><content><p>is longer than expedient for the purpose for which the regulations were made, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-23-4-b"><num>(b)</num><content><p>has ceased to be proportionate to that purpose,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-23-5"><num>(5)</num><content><p>Regulations under subsection (4) may contain transitional provision or savings.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" eId="section-24"><num>24</num><heading>Expiry</heading><subsection eId="section-24-1"><num>(1)</num><content>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" eId="section-24-1"><num>(1)</num><content><p>The Secretary of State may not make regulations under section
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-24-2"><num>(2)</num><intro><p>Where regulations under section 20 are in force on the date specified in subsection (1), that subsection does not—</p></intro><level class="para1" eId="section-24-2-a"><num>(a)</num><conte
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-2-a"><num>(a)</num><content><p>affect the continued operation of the regulations, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-2-b"><num>(b)</num><content><p>prevent the making of further regulations under section 20 on one or more occasions, where those further regulations make the same provision for, or applying in relation to, s
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-24-3"><num>(3)</num><content><p>The Secretary of State may by regulations substitute a later date for the date for the time being specified in subsection (1).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-24-4"><num>(4)</num><intro><p>The power in subsection (3)—</p></intro><level class="para1" eId="section-24-4-a"><num>(a)</num><intro><p>may not be exercised so as to substitute a date which is—</p></intro><level class=
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-4-a"><num>(a)</num><intro><p>may not be exercised so as to substitute a date which is—</p></intro><level class="para2" eId="section-24-4-a-i"><num>(i)</num><content><p>after the period of one year beginning
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-24-4-a-i"><num>(i)</num><content><p>after the period of one year beginning with the date for the time being specified in subsection (1), or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-24-4-a-ii"><num>(ii)</num><content><p>after the period of two years beginning with the date on which this Act is passed, but</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-24-4-b"><num>(b)</num><content><p>may be exercised more than once.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-25"><num>25</num><heading>Consequential provision etc</heading><subsection eId="section-25-1"><num>(1)</num><content><p>The Secretary of State may by regulations make consequential, incidental or supplementary provision,
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-25-1"><num>(1)</num><content><p>The Secretary of State may by regulations make consequential, incidental or supplementary provision, or transitional provision or savings, in connection with provision made by regulation
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-25-2"><num>(2)</num><intro><p>Regulations under this section may—</p></intro><level class="para1" eId="section-25-2-a"><num>(a)</num><content><p>make provision by amending or modifying the effect of any enactment (incl
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-25-2-a"><num>(a)</num><content><p>make provision by amending or modifying the effect of any enactment (including this Act);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-25-2-b"><num>(b)</num><content><p>make different provision for different purposes;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-25-2-c"><num>(c)</num><content><p>make provision binding the Crown.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-26"><num>26</num><heading>Procedure for regulations</heading><subsection eId="section-26-1"><num>(1)</num><content><p>Regulations under sections 20 to 25 are to be made by statutory instrument.</p></content></subsection><
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-26-1"><num>(1)</num><content><p>Regulations under sections 20 to 25 are to be made by statutory instrument.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-26-2"><num>(2)</num><intro><p>A statutory instrument containing—</p></intro><level class="para1" eId="section-26-2-a"><num>(a)</num><content><p>regulations made under section 20, other than one to which subsection (6)(
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-26-2-a"><num>(a)</num><content><p>regulations made under section 20, other than one to which subsection (6)(a) applies, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-26-2-b"><num>(b)</num><content><p>regulations made under section 25 which make provision by amending an Act or an Act of the Scottish Parliament,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-26-3"><num>(3)</num><content><p>Regulations contained in a statutory instrument laid before Parliament by virtue of subsection (2) cease to have effect at the end of the period of 40 days beginning with the day on whic
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-26-4"><num>(4)</num><intro><p>In calculating the period of 40 days, no account is to be taken of any time during which—</p></intro><level class="para1" eId="section-26-4-a"><num>(a)</num><content><p>Parliament is disso
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-26-4-a"><num>(a)</num><content><p>Parliament is dissolved or prorogued, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-26-4-b"><num>(b)</num><content><p>both Houses of Parliament are adjourned for more than 4 days.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-26-5"><num>(5)</num><intro><p>Where regulations cease to have effect as a result of subsection (3) that does not—</p></intro><level class="para1" eId="section-26-5-a"><num>(a)</num><content><p>affect anything previousl
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-26-5-a"><num>(a)</num><content><p>affect anything previously done under or by virtue of the regulations, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-26-5-b"><num>(b)</num><content><p>prevent the making of new regulations.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-26-6"><num>(6)</num><intro><p>A statutory instrument containing—</p></intro><level class="para1" eId="section-26-6-a"><num>(a)</num><content><p>regulations under section 20 which merely revoke other regulations under t
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-26-6-a"><num>(a)</num><content><p>regulations under section 20 which merely revoke other regulations under that section (with or without transitional provision), or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-26-6-b"><num>(b)</num><content><p>regulations under section 23(4),</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-26-7"><num>(7)</num><content><p>Regulations under section 24(3) may not be made unless a draft of the statutory instrument containing them has been laid before, and approved by a resolution of, each House of Parliament
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-26-8"><num>(8)</num><content><p>A statutory instrument containing regulations under section 25 which do not make provision by amending an Act or an Act of the Scottish Parliament is subject to annulment in pursuance of
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-27"><num>27</num><heading>Interpretation</heading><subsection eId="section-27-1"><num>(1)</num><intro><p>In sections 20 to 26 and this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-c
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-27-1"><num>(1)</num><intro><p>In sections 20 to 26 and this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-coronavirus" eId="term-coronavirus">coronavirus</term>” means severe acut
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7"><heading>Corporation Tax Act 2009</heading><paragraph eId="schedule-9-paragraph-41" class="schProv1"><num>41</num><content><p>In section 1319 of the Corporation Tax Act 2009 (other definitions)
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7"><heading>Content of application to the High Court for extension of moratorium</heading><paragraph eId="schedule-8-paragraph-31" class="schProv1"><num>31</num><subparagraph eId="schedule-8-parag
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-4-paragraph-53" class="schProv1"><num>53</num><content><p><mod>Section <ref href="#d25e5168">
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-56" class="schProv1"><num>56</num><intro><p>A notice under section <ref href="#d25e433">A6</ref><ref href="#d25e443">(1)(a)</ref> of the Insolvency Act 1986 must state—</p></intro><level class="para1" eId="
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-56-a"><num>(a)</num><content><p>the company’s address for service, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-56-b"><num>(b)</num><content><p>the court in which the documents are to be lodged under section <ref href="#d25e268">A3</ref> or the application under section <ref href="#d25e320">A4</ref> or <ref
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-59" class="schProv1"><num>59</num><intro><p>A notice under section <ref href="#d25e618">A8</ref><ref href="#d25e628">(2)</ref> of the Insolvency Act 1986 must—</p></intro><level class="para1" eId="schedule-
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-59-a"><num>(a)</num><content><p>state that it is given by the monitor acting in that capacity, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-59-b"><num>(b)</num><content><p>state the name and contact details of the monitor.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-62" class="schProv1"><num>62</num><content><p>Each statement under section <ref href="#d25e841">A10</ref><ref href="#d25e857">(1)(b)</ref> to <ref href="#d25e884">(d)</ref> or <ref href="#d25e920">A11</ref>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-70" class="schProv1"><num>70</num><content><p>A statement under section <ref href="#d25e1090">A13</ref><ref href="#d25e1100">(2)</ref> must be made within the period of 3 days ending with the day on which t
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-76" class="schProv1"><num>76</num><subparagraph eId="schedule-4-paragraph-76-1"><num>(1)</num><content><p>A notice under section <ref href="#d25e3388">A38</ref>(1) of the Insolvency Act 1986 must be lodged
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-79" class="schProv1"><num>79</num><subparagraph eId="schedule-4-paragraph-79-1"><num>(1)</num><intro><p>A notice under section <ref href="#d25e3488">A39</ref><ref href="#d25e3579">(8)</ref> of the Insolvenc
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-82" class="schProv1"><num>82</num><subparagraph eId="schedule-4-paragraph-82-1"><num>(1)</num><intro><p>Where section 174A of the Insolvency Act 1986 applies, the moratorium debts and pre-moratorium debts m
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-31" class="schProv1"><num>31</num><subparagraph eId="schedule-8-paragraph-31-1"><num>(1)</num><intro><p>An application by the directors of a company for the extension of a moratorium under Article <ref href
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-11" class="schProv1"><num>11</num><content><p>In section 23 of the Water Industry Act 1991 (meaning and effect of special administration order), in subsection (2D)(b), after “Part 26” insert “or 26A”.</p></
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-9-paragraph-16" class="schProv1"><num>16</num><subparagraph eId="schedule-9-paragraph-16-1"><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-9-paragraph-22" class="schProv1"><num>22</num><content><p><mod>In section 255 of the Enterpri
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-28" class="schProv1"><num>28</num><content><p>In Part 2 of the Income Tax (Trading and Other Income) Act 2005 (trading income), in section 259 (meaning of “statutory insolvency arrangement”), in paragraph (
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-69" class="schProv1"><num>69</num><subparagraph eId="schedule-4-paragraph-69-1"><num>(1)</num><intro><p>An application by the directors of a company for the extension of a moratorium under section <ref href
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-5" class="schProv1"><num>5</num><content><p>The Insolvency Act 1986 is amended as follows.</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-12" class="schProv1"><num>12</num><content><p>The Taxation of Chargeable Gains Act 1992 is amended as follows.</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-17" class="schProv1"><num>17</num><content><p>The Financial Services and Markets Act 2000 is amended as follows.</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-23" class="schProv1"><num>23</num><content><p>The Income Tax (Earnings and Pensions) Act 2003 is amended as follows.</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-9-paragraph-29" class="schProv1"><num>29</num><content><p><mod>In Article 10 of the Insolvenc
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-41" class="schProv1"><num>41</num><content><p>In section 1319 of the Corporation Tax Act 2009 (other definitions), in paragraph (b) of the definition of “statutory insolvency arrangement”, after “Part 26” i
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-46" class="schProv1"><num>46</num><content><p>Part 8 of the Housing (Scotland) Act 2010 (registered social landlords: organisational change etc) is amended as follows.</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-51" class="schProv1"><num>51</num><content><p>In section 2 of the Mutuals’ Deferred Shares Act 2015 (restriction on voting rights), in subsection (2)(b), after “section 896” insert “or 901C”.</p></content><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-2" class="schProv1"><num>2</num><subparagraph eId="schedule-10-paragraph-2-1"><num>(1)</num><content><p>A creditor may not during the relevant period present a petition under section 124 of the 1986 Act fo
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-5" class="schProv1"><num>5</num><subparagraph eId="schedule-10-paragraph-5-1"><num>(1)</num><intro><p>This paragraph applies where—</p></intro><level class="para1" eId="schedule-10-paragraph-5-1-a"><num>(a
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-8" class="schProv1"><num>8</num><subparagraph eId="schedule-10-paragraph-8-1"><num>(1)</num><intro><p>Paragraphs <ref href="#schedule-10-paragraph-9">9</ref> to <ref href="#schedule-10-paragraph-18">18</re
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(c)</num><content><p>in relation to any other entity, a person with responsibility for managing the entity;</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-6" class="schProv1"><num>6</num><subparagraph eId="schedule-9-paragraph-6-1"><num>(1)</num><content><p>In Part 4 (winding up of companies registered under the Companies Acts), Chapter 8 (provisions of gener
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-13" class="schProv1"><num>13</num><content><p>In section 263CA (stock lending: insolvency etc of borrower), in subsection (9)(f), after “Part 26” insert “or 26A”.</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-18" class="schProv1"><num>18</num><content><p>In section 105 (insurance business transfer schemes), in subsection (5), for “Part 26 of that Act” substitute “Part 26 or 26A of that Act, as the case may be”.<
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-9-paragraph-24" class="schProv1"><num>24</num><subparagraph eId="schedule-9-paragraph-24-1"><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-9-paragraph-47" class="schProv1"><num>47</num><subparagraph eId="schedule-9-paragraph-47-1"><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-9" class="schProv1"><num>9</num><content><p>If the winding up would by virtue of section 129(2) of the 1986 Act be deemed to commence at the time of the presentation of the petition, the winding up is inst
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-7" class="schProv1"><num>7</num><subparagraph eId="schedule-9-paragraph-7-1"><num>(1)</num><content><p>Schedule B1 (administration) is amended as follows.</p></content></subparagraph><subparagraph eId="sche
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-14" class="schProv1"><num>14</num><content><p>In Schedule 5AA (meaning of “scheme of reconstruction” for purposes of section 136), in paragraph 5(a)(i), after “Part 26” insert “or 26A”.</p></content></parag
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-9-paragraph-19" class="schProv1"><num>19</num><intro><p>In Schedule 17A (further provision in
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="schedule-9-paragraph-19-a"><num>(a)</num><content><p><mod>in sub-paragraph (1), before parag
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-9-paragraph-19-b"><num>(b)</num><content><p>in sub-paragraph (2), after “recognised investment exchange” insert “(other than the reference to “an authorised person” in section 355B(2)(a))”.</p></content></lev
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-9-paragraph-25" class="schProv1"><num>25</num><subparagraph eId="schedule-9-paragraph-25-1"><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-9-paragraph-48" class="schProv1"><num>48</num><subparagraph eId="schedule-9-paragraph-48-1"><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-10" class="schProv1"><num>10</num><intro><p>In section 74 of the 1986 Act (liability as contributories of present and past members), subsection (2)(a) has effect as if the reference to one year or more bef
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-10-paragraph-10-a"><num>(a)</num><content><p>one year or more before the day on which the petition was presented, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-10-paragraph-10-b"><num>(b)</num><content><p>if the winding-up order was made more than 6 months after the day on which the petition was presented, 18 months or more before the day on which the winding-up ord
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-9-paragraph-20" class="schProv1"><num>20</num><subparagraph eId="schedule-9-paragraph-20-1"><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-9-paragraph-26" class="schProv1"><num>26</num><content><p>In Schedule 5 (enterprise management incentives), in paragraph 39 (company reorganisations), in sub-paragraph (2)(b), after “section 899” insert “or 901F”.</p><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-11" class="schProv1"><num>11</num><intro><p>In section 206 of the 1986 Act (fraud etc in anticipation of winding up), subsection (1) has effect as if the reference to 12 months immediately preceding the co
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-10-paragraph-11-a"><num>(a)</num><intro><p>begins with whichever is the later of—</p></intro><level class="para2" eId="schedule-10-paragraph-11-a-i"><num>(i)</num><content><p>the day 12 months before the day
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="schedule-10-paragraph-11-a-i"><num>(i)</num><content><p>the day 12 months before the day on which the petition was presented, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="schedule-10-paragraph-11-a-ii"><num>(ii)</num><content><p>the day 18 months before the day on which the winding-up order was made, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-10-paragraph-11-b"><num>(b)</num><content><p>ends with the day on which the winding-up order was made.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-12" class="schProv1"><num>12</num><intro><p>In section 207 of the 1986 Act (transactions in fraud of creditors), subsection (2)(a) has effect as if the reference to conduct occurring more than 5 years befo
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-10-paragraph-12-a"><num>(a)</num><content><p>more than 5 years before the day on which the petition was presented, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-10-paragraph-12-b"><num>(b)</num><content><p>if the winding-up order was made more than 6 months after the day on which the petition was presented, more than 5 years and 6 months before the day on which the w
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" class="schGroup7"><heading>Prescribed format of documents</heading><paragraph eId="schedule-4-paragraph-44" class="schProv1"><num>44</num><content
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-38" class="schProv1"><num>38</num><content><p><mod>In the Limited Liability Partnerships Regulations 2001 (S.I. 2001/1090), in Part 4 (winding up and insolvency), in regulation 5 (application of the Insolve
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-41" class="schProv1"><num>41</num><content><p><mod>In regulation 2 of the Insolve
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-35" class="schProv1"><num>35</num><subparagraph eId="schedule-4-paragraph-35-1"><num>(1)</num><content><p>A notice under section <ref href="#d25e2457">A24</ref><ref href="#d25e2525">(1)</ref> of the Insolve
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-38" class="schProv1"><num>38</num><subparagraph eId="schedule-4-paragraph-38-1"><num>(1)</num><intro><p>A statement under section <ref href="#d25e3488">A39</ref><ref href="#d25e3516">(4)</ref> of the Insolv
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-41" class="schProv1"><num>41</num><intro><p>Where the court makes an order by virtue of section A44(4)(c) of the Insolvency Act 1986 requiring a decision of a company’s creditors, the following provisions o
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-41-a"><num>(a)</num><content><p>Part 15 (decision making);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-41-b"><num>(b)</num><content><p>Part 16 (proxies).</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-44" class="schProv1"><num>44</num><content><p>Rule 1.4 of the England and Wales Insolvency Rules (requirement for writing and form of documents) applies for the purposes of Part A1 of the Insolvency Act 198
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-4" class="schProv1"><num>4</num><subparagraph eId="schedule-10-paragraph-4-1"><num>(1)</num><intro><p>This paragraph applies where a creditor presents a petition under section 124 of the 1986 Act—</p></int
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-7" class="schProv1"><num>7</num><subparagraph eId="schedule-10-paragraph-7-1"><num>(1)</num><intro><p>This paragraph applies where—</p></intro><level class="para1" eId="schedule-10-paragraph-7-1-a"><num>(a
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-3" class="schProv1"><num>3</num><subparagraph eId="schedule-11-paragraph-3-1"><num>(1)</num><content><p>A creditor may not during the relevant period present a petition under Article 104 of the 1989 Order
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-11-paragraph-6" class="schProv1"><num>6</num><subparagraph eId="schedule-11-paragraph-6-1"><num>(1)</num><intro><p>This paragraph applies where—</p></intro><level class="para1" eId="schedule-11-paragraph-6-1-a"><num>(a
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-4-paragraph-45" class="schProv1"><num>45</num><subparagraph eId="schedule-4-paragraph-45-1"><num>(1)</num><content><p>The following provisions of the Eng
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-13" class="schProv1"><num>13</num><intro><p>In section 208 of the 1986 Act (misconduct in course of winding up), subsection (2) has effect as if the reference to 12 months immediately preceding the commenc
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-10-paragraph-13-a"><num>(a)</num><intro><p>begins with whichever is the later of—</p></intro><level class="para2" eId="schedule-10-paragraph-13-a-i"><num>(i)</num><content><p>the day 12 months before the day
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="schedule-10-paragraph-13-a-i"><num>(i)</num><content><p>the day 12 months before the day on which the petition was presented, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="schedule-10-paragraph-13-a-ii"><num>(ii)</num><content><p>the day 18 months before the day on which the winding-up order was made, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-10-paragraph-13-b"><num>(b)</num><content><p>ends with the day on which the winding-up order was made.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-14" class="schProv1"><num>14</num><subparagraph eId="schedule-10-paragraph-14-1"><num>(1)</num><content><p>Section 214A of the 1986 Act (as inserted for the purposes of limited liability partnerships by th
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-15" class="schProv1"><num>15</num><subparagraph eId="schedule-10-paragraph-15-1"><num>(1)</num><content><p>Section 240 of the 1986 Act (definition of “relevant time”) has effect as follows.</p></content></
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-16" class="schProv1"><num>16</num><subparagraph eId="schedule-10-paragraph-16-1"><num>(1)</num><content><p>Section 242 of the 1986 Act (gratuitous alienations (Scotland)) has effect as follows.</p></conten
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-17" class="schProv1"><num>17</num><intro><p>In section 243 of the 1986 Act (unfair preferences (Scotland)), subsection (1) has effect as if the reference to a preference created not earlier than 6 months b
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-10-paragraph-17-a"><num>(a)</num><content><p>not earlier than 6 months before the day on which the petition was presented, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-10-paragraph-17-b"><num>(b)</num><content><p>if the winding-up order was made more than 6 months after the day on which the petition was presented, not earlier than 12 months before the day on which the windi
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-18" class="schProv1"><num>18</num><subparagraph eId="schedule-10-paragraph-18-1"><num>(1)</num><content><p>Section 245 of the 1986 Act (avoidance of certain floating charges) has effect as follows.</p></co
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7"><heading>Identification details for a company</heading><paragraph eId="schedule-4-paragraph-87" class="schProv1"><num>87</num><subparagraph eId="schedule-4-paragraph-87-1"><num>(1)</num><intro>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-54" class="schProv1"><num>54</num><intro><p>A notice or statement under section <ref href="#d25e433">A6</ref><ref href="#d25e437">(1)</ref>, <ref href="#d25e618">A8</ref><ref href="#d25e628">(2)</ref>, <ref
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-54-a"><num>(a)</num><content><p>the provision under which it is given or made,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-54-b"><num>(b)</num><content><p>the nature of the notice or statement,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-54-c"><num>(c)</num><content><p>the date of the notice or statement, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-54-d"><num>(d)</num><content><p>the identification details for the company to which it relates.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-57" class="schProv1"><num>57</num><subparagraph eId="schedule-4-paragraph-57-1"><num>(1)</num><intro><p>A statement under section <ref href="#d25e433">A6</ref><ref href="#d25e449">(1)(b)</ref> of the Insolv
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-60" class="schProv1"><num>60</num><intro><p>A notice under section <ref href="#d25e841">A10</ref><ref href="#d25e851">(1)(a)</ref> or <ref href="#d25e920">A11</ref><ref href="#d25e930">(1)(a)</ref> of the I
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-60-a"><num>(a)</num><content><p>the company’s address for service,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-60-b"><num>(b)</num><content><p>the court in which the notice is to be lodged.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-63" class="schProv1"><num>63</num><subparagraph eId="schedule-4-paragraph-63-1"><num>(1)</num><intro><p>The following apply, so far as relevant, for the purposes of a decision to consent to a revised end da
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-71" class="schProv1"><num>71</num><subparagraph eId="schedule-4-paragraph-71-1"><num>(1)</num><content><p>A notice under section <ref href="#d25e1464">A17</ref><ref href="#d25e1468">(1)</ref> of the Insolve
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-77" class="schProv1"><num>77</num><intro><p>For the purposes of deciding whether to bring a moratorium to an end under section <ref href="#d25e3388">A38</ref><ref href="#d25e3419">(1)(d)</ref> of the Insolv
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-77-a"><num>(a)</num><content><p>any debts that the monitor has reasonable grounds for thinking are likely to be paid within 5 days of the decision, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-77-b"><num>(b)</num><content><p>any debts in respect of which the creditor has agreed to defer payment until a time that is later than the decision.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-80" class="schProv1"><num>80</num><subparagraph eId="schedule-4-paragraph-80-1"><num>(1)</num><content><p>An administrator or liquidator of a company may apply to the court on the ground that remuneration c
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-83" class="schProv1"><num>83</num><subparagraph eId="schedule-4-paragraph-83-1"><num>(1)</num><intro><p>Where paragraph 64A(1) of Schedule B1 to the Insolvency Act 1986 applies, the moratorium debts and pre
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-87" class="schProv1"><num>87</num><subparagraph eId="schedule-4-paragraph-87-1"><num>(1)</num><intro><p>Where a provision of this Part of this Schedule requires a document to contain identification details
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-90" class="schProv1"><num>90</num><content><p>Expressions used in this Part of this Schedule are to be construed as if this Part of this Schedule were contained in Part A1 of the Insolvency Act 1986.</p></c
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-12-paragraph-2" class="schProv1"><num>2</num><content><p><mod>In Schedule 15 to the Building
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-13-paragraph-2" class="schProv1"><num>2</num><content><p><mod>In Schedule 15 to the Building
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" xmlns:fo="http://www.w3.org/1999/XSL/Format" eId="schedule-4-p
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-72" class="schProv1"><num>72</num><subparagraph eId="schedule-4-paragraph-72-1"><num>(1)</num><content><p>A notice under section <ref href="#d25e1464">A17</ref><ref href="#d25e1610">(2)</ref> or <ref href="
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-12-paragraph-3" class="schProv1"><num>3</num><content><p><mod>In Schedule 15A to the Building
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-13-paragraph-3" class="schProv1"><num>3</num><content><p><mod>In Schedule 15A to the Building
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-4-paragraph-65" class="schProv1"><num>65</num><content><p><mod>Rule 5.26 of the Scottish Inso
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-73" class="schProv1"><num>73</num><intro><p>Where a moratorium comes to an end under section <ref href="#d25e1400">A16</ref> of the Insolvency Act 1986 because the company has entered into a relevant insolv
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-73-a"><num>(a)</num><content><p>the date on which the company entered into the relevant insolvency procedure, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-73-b"><num>(b)</num><content><p>the name and contact details of the supervisor of the voluntary arrangement, the administrator or the liquidator.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-12-paragraph-4" class="schProv1"><num>4</num><content><p><mod>In Schedule 10 to the Friendly
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-13-paragraph-4" class="schProv1"><num>4</num><content><p><mod>In Schedule 10 to the Friendly
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-4-paragraph-66" class="schProv1"><num>66</num><intro><p>Rule 5.28 of the Scottish Insolvency
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="schedule-4-paragraph-66-a"><num>(a)</num><content><p><mod>before paragraph (1) there were in
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="schedule-4-paragraph-66-b"><num>(b)</num><content><p><mod>after paragraph (2) there were ins
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="schedule-4-paragraph-66-c"><num>(c)</num><content><p><mod>in paragraph (6), after sub-paragr
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-74" class="schProv1"><num>74</num><subparagraph eId="schedule-4-paragraph-74-1"><num>(1)</num><content><p>A notice under section <ref href="#d25e1464">A17</ref><ref href="#d25e1633">(4)</ref> of the Insolve
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-4-paragraph-67" class="schProv1"><num>67</num><content><p><mod>Rule 5.29 of the Scottish Inso
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-4-paragraph-68" class="schProv1"><num>68</num><content><p><mod>Rule 5.31 of the Scottish Inso
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-27-2"><num>(2)</num><content><p>References to an enactment in subsection (1) include in particular that enactment as applied by any other enactment, with or without modifications, to partnerships, limited liability par
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="crossheading" ukl:Name="Pblock" eId="crossheading-power-to-amend-corporate-insolvency-or-governance-
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-28"><num>28</num><heading>Regulations to amend legislation: Northern Ireland</heading><subsection eId="section-28-1"><num>(1)</num><intro><p>The Department or the Secretary of State may by regulations amend, or modify the
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-28-1"><num>(1)</num><intro><p>The Department or the Secretary of State may by regulations amend, or modify the effect of, corporate insolvency or governance legislation so as to—</p></intro><level class="para1" eId="se
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-28-1-a"><num>(a)</num><content><p>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
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-28-1-b"><num>(b)</num><content><p>change the way in which a corporate insolvency or restructuring procedure applies in relation to entities of any description, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-28-1-c"><num>(c)</num><content><p>change or disapply any duty of a person with corporate responsibility or the liability of such a person to any sanction.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-28-2"><num>(2)</num><intro><p>Regulations under this section may—</p></intro><level class="para1" eId="section-28-2-a"><num>(a)</num><content><p>make different provision for different purposes;</p></content></level><le
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-28-2-a"><num>(a)</num><content><p>make different provision for different purposes;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-28-2-b"><num>(b)</num><content><p>make provision binding the Crown.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-28-3"><num>(3)</num><content><p>Regulations under this section must be made in accordance with sections 29 to 35.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-28-4"><num>(4)</num><content><p>In sections 29 to 35, “<term refersTo="#term-relevant-authority" eId="term-relevant-authority">relevant authority</term>” means the Department or the Secretary of State.</p></content></
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-29"><num>29</num><heading>Purposes</heading><subsection eId="section-29-1"><num>(1)</num><intro><p>A relevant authority may only make regulations under section 28(1)(a) or (b) if satisfied that the regulations are expedie
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-29-1"><num>(1)</num><intro><p>A relevant authority may only make regulations under section 28(1)(a) or (b) if satisfied that the regulations are expedient for any of the following purposes—</p></intro><level class="par
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-1-a"><num>(a)</num><content><p>reducing, or assisting in the reduction of, the number of entities entering into corporate insolvency or restructuring procedures for reasons relating to the effects of corona
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-1-b"><num>(b)</num><content><p>mitigating or otherwise dealing with the effect on corporate insolvency or restructuring procedures of any increase or potential increase in the number of entities entering in
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-29-1-c"><num>(c)</num><intro><p>mitigating difficulties that corporate insolvency or restructuring procedures might impose on a business in view of—</p></intro><level class="para2" eId="section-29-1-c-i"><num>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-29-1-c-i"><num>(i)</num><content><p>any worsening of the financial position of the business in consequence of, or for reasons relating to, coronavirus,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-29-1-c-ii"><num>(ii)</num><content><p>constraints on people's ability to work, or to be in proximity to each other, as a result of coronavirus, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-29-1-c-iii"><num>(iii)</num><content><p>measures for public health taken in response to coronavirus.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-29-2"><num>(2)</num><content><p>A relevant authority may only make regulations under section 28(1)(c) if satisfied that the regulations are expedient for the purpose of securing that the duties of persons with corporat
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-30"><num>30</num><heading>Restrictions</heading><subsection eId="section-30-1"><num>(1)</num><content><p>Before making regulations under section 28 the relevant authority concerned must consider the effect of the regulati
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-30-1"><num>(1)</num><content><p>Before making regulations under section 28 the relevant authority concerned must consider the effect of the regulations on persons likely to be affected by them (for example, debtors, cr
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-30-2"><num>(2)</num><intro><p>A relevant authority may only make regulations under section 28 if satisfied—</p></intro><level class="para1" eId="section-30-2-a"><num>(a)</num><content><p>that the need for the provision
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-30-2-a"><num>(a)</num><content><p>that the need for the provision made by the regulations is urgent,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-30-2-b"><num>(b)</num><content><p>that the provision made by the regulations is proportionate to the purpose for which it is made,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-30-2-c"><num>(c)</num><content><p>that it is not practicable without legislation to bring about the result intended to be brought about by that provision, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-30-2-d"><num>(d)</num><content><p>if a Northern Ireland Department or the Secretary of State could make the same provision in exercise of power under a statutory provision other than section 28, that doing so
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-30-3"><num>(3)</num><intro><p>Regulations under section 28—</p></intro><level class="para1" eId="section-30-3-a"><num>(a)</num><content><p>may not create a criminal offence or civil penalty (but may modify the circumst
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-30-3-a"><num>(a)</num><content><p>may not create a criminal offence or civil penalty (but may modify the circumstances in which a person is guilty of an existing offence or liable for an existing civil penalty
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-30-3-b"><num>(b)</num><content><p>may not make provision so as to impose or increase a fee.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-31"><num>31</num><heading>Time-limited effect</heading><subsection eId="section-31-1"><num>(1)</num><intro><p>Regulations under section 28 must be framed so that any provision made by them—</p></intro><level class="para1"
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-31-1"><num>(1)</num><intro><p>Regulations under section 28 must be framed so that any provision made by them—</p></intro><level class="para1" eId="section-31-1-a"><num>(a)</num><content><p>has effect only for a period
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-31-1-a"><num>(a)</num><content><p>has effect only for a period not exceeding six months, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-31-1-b"><num>(b)</num><content><p>applies only in relation to circumstances occurring in a period not exceeding six months.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-31-2"><num>(2)</num><intro><p>This does not prevent further regulations under section 28 from—</p></intro><level class="para1" eId="section-31-2-a"><num>(a)</num><content><p>making the same provision for, or applying i
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-31-2-a"><num>(a)</num><content><p>making the same provision for, or applying in relation to, subsequent periods (not exceeding six months at a time);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-31-2-b"><num>(b)</num><content><p>extending (by up to six months) the period for or in relation to which earlier regulations under that section apply.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-31-3"><num>(3)</num><content><p>A relevant authority must keep regulations made by it under section 28 under review during the period for which they have effect or in relation to which they apply.</p></content></subsec
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-31-4"><num>(4)</num><intro><p>If on such a review the relevant authority is satisfied that that period—</p></intro><level class="para1" eId="section-31-4-a"><num>(a)</num><content><p>is longer than expedient for the pu
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-31-4-a"><num>(a)</num><content><p>is longer than expedient for the purpose for which the regulations were made, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-31-4-b"><num>(b)</num><content><p>has ceased to be proportionate to that purpose,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-31-5"><num>(5)</num><content><p>Regulations under subsection (4) may contain transitional provision or savings.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" eId="section-32"><num>32</num><heading>Expiry</heading><subsection eId="section-32-1"><num>(1)</num><content>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" eId="section-32-1"><num>(1)</num><content><p>A relevant authority may not make regulations under section 2
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-32-2"><num>(2)</num><intro><p>Where regulations under section 28 are in force on the date specified in subsection (1), that subsection does not—</p></intro><level class="para1" eId="section-32-2-a"><num>(a)</num><conte
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-32-2-a"><num>(a)</num><content><p>affect the continued operation of the regulations, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-32-2-b"><num>(b)</num><content><p>prevent the making of further regulations under section 28 on one or more occasions, where those further regulations make the same provision for, or applying in relation to, s
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-32-3"><num>(3)</num><content><p>A relevant authority may by regulations substitute a later date for the date for the time being specified in subsection (1).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-32-4"><num>(4)</num><intro><p>The power in subsection (3)—</p></intro><level class="para1" eId="section-32-4-a"><num>(a)</num><intro><p>may not be exercised so as to substitute a date which is—</p></intro><level class=
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-32-4-a"><num>(a)</num><intro><p>may not be exercised so as to substitute a date which is—</p></intro><level class="para2" eId="section-32-4-a-i"><num>(i)</num><content><p>after the period of one year beginning
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-32-4-a-i"><num>(i)</num><content><p>after the period of one year beginning with the date for the time being specified in subsection (1), or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-32-4-a-ii"><num>(ii)</num><content><p>after the period of two years beginning with the date on which this Act is passed, but</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-32-4-b"><num>(b)</num><content><p>may be exercised more than once.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-33"><num>33</num><heading>Consequential provision etc</heading><subsection eId="section-33-1"><num>(1)</num><content><p>A relevant authority may by regulations make consequential, incidental or supplementary provision, or
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-33-1"><num>(1)</num><content><p>A relevant authority may by regulations make consequential, incidental or supplementary provision, or transitional provision or savings, in connection with provision made by regulations
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-33-2"><num>(2)</num><intro><p>Regulations under this section may—</p></intro><level class="para1" eId="section-33-2-a"><num>(a)</num><content><p>make provision by amending or modifying the effect of any statutory provi
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-2-a"><num>(a)</num><content><p>make provision by amending or modifying the effect of any statutory provision (including this Act);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-2-b"><num>(b)</num><content><p>make different provision for different purposes;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-33-2-c"><num>(c)</num><content><p>make provision binding the Crown.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-34"><num>34</num><heading>Procedure for regulations made by the Department</heading><subsection eId="section-34-1"><num>(1)</num><content><p>Any power of the Department to make regulations under sections 28 to 33 is exerc
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-34-1"><num>(1)</num><content><p>Any power of the Department to make regulations under sections 28 to 33 is exercisable by statutory rule for the purposes of the Statutory Rules (Northern Ireland) Order 1979 (S.I. 1979/
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-34-2"><num>(2)</num><content><p>Regulations made under section 28 by the Department, other than any to which subsection (5) applies, and regulations made under section 33 by the Department which make provision by amend
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-34-3"><num>(3)</num><content><p>Regulations laid before the Assembly by virtue of subsection (2) cease to have effect at the end of the period of 40 days beginning with the day on which the regulations are made, unless
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-34-4"><num>(4)</num><intro><p>In calculating the period of 40 days, no account is to be taken of any time during which the Assembly is—</p></intro><level class="para1" eId="section-34-4-a"><num>(a)</num><content><p>dis
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-34-4-a"><num>(a)</num><content><p>dissolved, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-34-4-b"><num>(b)</num><content><p>in recess for more than 4 days, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-34-4-c"><num>(c)</num><content><p>adjourned for more than 6 days.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-34-5"><num>(5)</num><intro><p>Where regulations cease to have effect as a result of subsection (3) that does not—</p></intro><level class="para1" eId="section-34-5-a"><num>(a)</num><content><p>affect anything previousl
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-34-5-a"><num>(a)</num><content><p>affect anything previously done under or by virtue of the regulations, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-34-5-b"><num>(b)</num><content><p>prevent the making of new regulations.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-34-6"><num>(6)</num><content><p>Regulations made by the Department under section 28 which merely revoke other regulations under that section (with or without transitional provision), and regulations made by the Departm
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-34-7"><num>(7)</num><content><p>Regulations under section 32(3) may not be made by the Department unless a draft of the regulations has been laid before, and approved by a resolution of, the Assembly.</p></content></su
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-34-8"><num>(8)</num><content><p>Regulations made by the Department under section 33 which do not make provision by amending an Act or Northern Ireland legislation are subject to negative resolution within the meaning o
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-34-9"><num>(9)</num><content><p>A statutory rule that (in accordance with subsection (2)) is laid before the Assembly may contain regulations under section 33 that would, but for subsection (8) and this subsection, be
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-34-10"><num>(10)</num><content><p>Section 41(3) of the 1954 Act applies for the purposes of subsection (7) in relation to the laying of a draft as it applies in relation to the laying of a statutory document under an e
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-34-11"><num>(11)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-the-1954-act" eId="term-the-1954-act">the 1954 Act</term>” means the Interpretation Act (Nort
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" class="schGroup7"><heading>Delivery of documents</heading><paragraph eId="schedule-4-paragraph-86" class="schProv1"><num>86</num><content><p>The f
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1"><num>(d)</num><content><p>receivership to which Part 4 of that Order applies;</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-5" class="schProv1"><num>5</num><intro><p>During the relevant period, a company is not eligible for the purposes of section <ref href="#d25e268">A3</ref>, <ref href="#d25e320">A4</ref> or <ref href="#d25e37
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-5-a"><num>(a)</num><content><p>has permission under Part 4A of the Financial Services and Markets Act 2000 to carry on a regulated activity within the meaning of that Act, and</p></content></level
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-5-b"><num>(b)</num><content><p>is not subject to a requirement imposed under that Act to refrain from holding money for clients.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-4-paragraph-9" class="schProv1"><num>9</num><content><p><mod>In relation to a moratorium that
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-14" class="schProv1"><num>14</num><intro><p>A notice or statement under section <ref href="#d25e433">A6</ref><ref href="#d25e437">(1)</ref>, <ref href="#d25e618">A8</ref><ref href="#d25e628">(2)</ref>, <ref
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-14-a"><num>(a)</num><content><p>the provision under which it is given or made,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-14-b"><num>(b)</num><content><p>the nature of the notice or statement,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-14-c"><num>(c)</num><content><p>the date of the notice or statement, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-14-d"><num>(d)</num><content><p>the identification details for the company to which it relates.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-17" class="schProv1"><num>17</num><subparagraph eId="schedule-4-paragraph-17-1"><num>(1)</num><intro><p>A statement under section <ref href="#d25e433">A6</ref><ref href="#d25e449">(1)(b)</ref> of the Insolv
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-20" class="schProv1"><num>20</num><intro><p>A notice under section <ref href="#d25e841">A10</ref><ref href="#d25e851">(1)(a)</ref> or <ref href="#d25e920">A11</ref><ref href="#d25e930">(1)(a)</ref> of the I
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-20-a"><num>(a)</num><content><p>the company’s address for service, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-20-b"><num>(b)</num><content><p>the court (and where applicable, the division or district registry of that court) or hearing centre in which the notice is to be filed.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-23" class="schProv1"><num>23</num><subparagraph eId="schedule-4-paragraph-23-1"><num>(1)</num><intro><p>The following apply, so far as relevant, for the purposes of a decision to consent to a revised end da
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-36" class="schProv1"><num>36</num><subparagraph eId="schedule-4-paragraph-36-1"><num>(1)</num><content><p>A notice under section <ref href="#d25e3388">A38</ref>(1) of the Insolvency Act 1986 must be filed w
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-39" class="schProv1"><num>39</num><subparagraph eId="schedule-4-paragraph-39-1"><num>(1)</num><intro><p>A notice under section <ref href="#d25e3488">A39</ref><ref href="#d25e3579">(8)</ref> of the Insolvenc
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-42" class="schProv1"><num>42</num><subparagraph eId="schedule-4-paragraph-42-1"><num>(1)</num><intro><p>Where section 174A of the Insolvency Act 1986 applies, the moratorium debts and pre-moratorium debts m
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-4-paragraph-86" class="schProv1"><num>86</num><content><p>The following provisions of Chapter 9 of Part 1 of the Scottish Insolvency Rules apply for the
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-89" class="schProv1"><num>89</num><content><p>In this Part of this Schedule “the Scottish Insolvency Rules” means the Insolvency (Scotland) (Company Voluntary Arrangements and Administration) Rules 2018 (<r
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-39" class="schProv1"><num>39</num><intro><p>For the purposes of deciding whether to bring a moratorium to an end under Article <ref href="#d25e8629">13ED</ref>(1)(d) of the Insolvency (Northern Ireland) Ord
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-39-a"><num>(a)</num><content><p>any debts that the monitor has reasonable grounds for thinking are likely to be paid within 5 days of the decision, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-39-b"><num>(b)</num><content><p>any debts in respect of which the creditor has agreed to defer payment until a time that is later than the decision.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-42" class="schProv1"><num>42</num><subparagraph eId="schedule-8-paragraph-42-1"><num>(1)</num><content><p>An administrator or liquidator of a company may apply to the High Court on the ground that remunerat
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-45" class="schProv1"><num>45</num><subparagraph eId="schedule-8-paragraph-45-1"><num>(1)</num><intro><p>Where paragraph 65A(1) of Schedule B1 to the Insolvency (Northern Ireland) Order 1989 applies, the mor
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-8-paragraph-50" class="schProv1"><num>50</num><subparagraph eId="schedule-8-paragraph-50-1"><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-53" class="schProv1"><num>53</num><content><p>In this Part of this Schedule “the Insolvency Rules” means the <ref eId="c00098" href="http://www.legislation.gov.uk/id/nisr/1991/364">Insolvency Rules (Norther
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-3" class="schProv1"><num>3</num><subparagraph eId="schedule-10-paragraph-3-1"><num>(1)</num><content><p>A creditor may not during the relevant period present a petition under section 124 of the 1986 Act fo
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-10-paragraph-6" class="schProv1"><num>6</num><subparagraph eId="schedule-10-paragraph-6-1"><num>(1)</num><intro><p>This paragraph applies where—</p></intro><level class="para1" eId="schedule-10-paragraph-6-1-a"><num>(a
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" xmlns:fo="http://www.w3.org/1999/XSL/Format" eId="schedule-4-p
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-4-paragraph-25" class="schProv1"><num>25</num><content><p><mod>Rule 15.28 of the England and
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" name="crossheading" class="schGroup7"><heading>Notice that directors wish to obtain a moratorium</heading><paragraph eId="schedule-4-paragraph-16" class="schProv1"><num>16</num><intro><p>A notice under section <ref href="#d25e433">
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-1" class="schProv1"><num>1</num><content><p>The Insolvency Act 1986 is amended as follows.</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-36" class="schProv1"><num>36</num><content><p><mod>In section 14 of the Limited Liability Partnerships Act 2000 (regulations to make provision about insolvency and winding up), in subsection (1)(a), for “P
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-40" class="schProv1"><num>40</num><content><p>In regulation 8 of the Financial Collateral Arrangements (No.2) Regulations 2003 (<ref eId="c00066" href="http://www.legislation.gov.uk/id/uksi/2003/3226">S.I.
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-43" class="schProv1"><num>43</num><content><p>The Charities Act 2011 is amended as follows.</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-2" class="schProv1"><num>2</num><subparagraph eId="schedule-4-paragraph-2-1"><num>(1)</num><content><p>The Secretary of State may by regulations made by statutory instrument provide for any provision made b
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-6" class="schProv1"><num>6</num><subparagraph eId="schedule-4-paragraph-6-1"><num>(1)</num><intro><p>For the purposes of obtaining a moratorium under section <ref href="#d25e268">A3</ref> of the Insolvency
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-4-paragraph-10" class="schProv1"><num>10</num><content><p><mod>In relation to a moratorium th
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-4-paragraph-13" class="schProv1"><num>13</num><content><p><mod>Section <ref href="#d25e5168">
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-16" class="schProv1"><num>16</num><intro><p>A notice under section <ref href="#d25e433">A6</ref><ref href="#d25e443">(1)(a)</ref> of the Insolvency Act 1986 must state—</p></intro><level class="para1" eId="
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-16-a"><num>(a)</num><content><p>the company’s address for service, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-16-b"><num>(b)</num><content><p>the court (and where applicable, the division or district registry of that court) or hearing centre in which the documents are to be filed under section <ref href="
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-19" class="schProv1"><num>19</num><intro><p>A notice under section <ref href="#d25e618">A8</ref><ref href="#d25e628">(2)</ref> of the Insolvency Act 1986 must—</p></intro><level class="para1" eId="schedule-
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-19-a"><num>(a)</num><content><p>state that it is given by the monitor acting in that capacity, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-19-b"><num>(b)</num><content><p>state the name and contact details of the monitor.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-22" class="schProv1"><num>22</num><content><p>Each statement under section <ref href="#d25e841">A10</ref><ref href="#d25e857">(1)(b)</ref> to <ref href="#d25e884">(d)</ref> or <ref href="#d25e920">A11</ref>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-7-paragraph-30" class="schProv1"><num>30</num><content><p>In Schedule 15A to the Building Societies Act 1986 (application of other companies insolvency legislation to building societies), in paragraph 1(2)(b), omit “(e
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-7-paragraph-33" class="schProv1"><num>33</num><content><p><mod>In regulation 2 of the <ref eI
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-3" class="schProv1"><num>3</num><content><p>Rules under Article 359 of the Insolvency (Northern Ireland) Order 1989 may provide for any provision made by paragraphs <ref href="#schedule-8-paragraph-13">13</
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-2" class="schProv1"><num>2</num><content><p>Omit section 1A (moratorium where directors propose voluntary arrangement).</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-37" class="schProv1"><num>37</num><content><p>The provision that may be made under section 16(1) of the Limited Liability Partnerships Act 2000 (consequential amendments) includes provision in consequence o
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-44" class="schProv1"><num>44</num><subparagraph eId="schedule-3-paragraph-44-1"><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-7" class="schProv1"><num>7</num><intro><p>In relation to an application for a moratorium made under section <ref href="#d25e320">A4</ref> or <ref href="#d25e375">A5</ref> of the Insolvency Act 1986 during t
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-7-a"><num>(a)</num><content><p>section <ref href="#d25e433">A6</ref><ref href="#d25e479">(1)(e)</ref> of that Act has effect as if at the end there were inserted “or would do so if it were not for
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-4-paragraph-7-b"><num>(b)</num><content><p>Schedule ZA1 to that Act has effect as if paragraph <ref href="#d25e15499">2(1)(b)</ref> and <ref href="#d25e15522">(2)(b)</ref> were omitted.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-4" class="schProv1"><num>4</num><content><p>Rules under Article 359 of the Insolvency (Northern Ireland) Order 1989 may make transitional provision or savings in connection with any provision made by paragr
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-3" class="schProv1"><num>3</num><content><p>In section 2 (procedure where nominee is not the liquidator or administrator), in subsection (1), omit from “and the directors” to the end.</p></content></paragr
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-45" class="schProv1"><num>45</num><content><p><mod>After section 247 insert—<quot
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-4" class="schProv1"><num>4</num><subparagraph eId="schedule-3-paragraph-4-1"><num
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-5" class="schProv1"><num>5</num><subparagraph eId="schedule-3-paragraph-5-1"><num>(1)</num><content><p>Section 4A (approval of voluntary arrangement) is amended as follows.</p></content></subparagraph><subp
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-6" class="schProv1"><num>6</num><subparagraph eId="schedule-3-paragraph-6-1"><num
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-7" class="schProv1"><num>7</num><subparagraph eId="schedule-3-paragraph-7-1"><num
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-8" class="schProv1"><num>8</num><intro><p>In section 7B (arrangements coming to an end prematurely) omit—</p></intro><level class="para1" eId="schedule-3-paragraph-8-a"><num>(a)</num><content><p>“or paragra
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-3-paragraph-8-a"><num>(a)</num><content><p>“or paragraph 36 of Schedule A1”;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-3-paragraph-8-b"><num>(b)</num><content><p>“or, as the case may be, paragraph 37(2)(b)(i) of Schedule A1”.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-9" class="schProv1"><num>9</num><content><p><mod>In section 115 (expenses of voluntary winding up), at the beginning insert <quotedText>“ After the payment of any liabilities to which sectio
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-10" class="schProv1"><num>10</num><content><p>In section 122 (circumstances in which company may be wound up by the court), in subsection (1), omit paragraph (fa).</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-11" class="schProv1"><num>11</num><content><p>In section 124 (winding up by the court), omit subsection (3A).</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-12" class="schProv1"><num>12</num><content><p><mod>In section 127 (avoidance of p
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-13" class="schProv1"><num>13</num><content><p><mod>Before section 175 (and before
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-14" class="schProv1"><num>14</num><subparagraph eId="schedule-3-paragraph-14-1"><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-15" class="schProv1"><num>15</num><subparagraph eId="schedule-3-paragraph-15-1"><num>(1)</num><content><p>Section 233 (supplies of gas, water, electricity etc) is amended as follows.</p></content></subparag
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-16" class="schProv1"><num>16</num><intro><p>In section 246ZD (power to assign cer
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-3-paragraph-16-a"><num>(a)</num><content><p><mod>after “under” insert <quotedText>“ or by virtue of ”</quotedText>;</mod></p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="schedule-3-paragraph-16-b"><num>(b)</num><content><p><mod>before paragraph (a) insert—<quote
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-17" class="schProv1"><num>17</num><content><p><mod>In section 246A (remote attend
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-18" class="schProv1"><num>18</num><content><p><mod>In section 246B (use of websit
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-19" class="schProv1"><num>19</num><content><p><mod>In section 247 (meaning of “insolvency” etc), in subsection (1), after “includes” insert <quotedText>“ the coming into force of a morator
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-20" class="schProv1"><num>20</num><content><p>In section 387 (“<term refersTo="#term-the-relevant-date" eId="term-the-relevant-date">the relevant date</term>” in relation to preferential debts), omit subsec
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-21" class="schProv1"><num>21</num><subparagraph eId="schedule-3-paragraph-21-1"><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-22" class="schProv1"><num>22</num><subparagraph eId="schedule-3-paragraph-22-1"><num>(1)</num><content><p>Section 411 (company insolvency rules) is amended as follows.</p></content></subparagraph><subparagr
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-23" class="schProv1"><num>23</num><subparagraph eId="schedule-3-paragraph-23-1"><num>(1)</num><content><p>Section 414 (fees orders) is amended as follows.</p></content></subparagraph><subparagraph eId="sche
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-24" class="schProv1"><num>24</num><content><p><mod>Before section 416 (monetary l
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-25" class="schProv1"><num>25</num><content><p>Omit section 417A (money sums: company moratorium).</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-26" class="schProv1"><num>26</num><content><p><mod>In section 430 (provision intr
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-27" class="schProv1"><num>27</num><content><p><mod>In section 431 (summary proceedings), in subsection (1), for “Parts I” substitute <quotedText>“ Parts A1 ”</quotedText>.</mo
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-28" class="schProv1"><num>28</num><intro><p>In section 432 (offences by bodies corporate), in subsection (4)—</p></intro><level class="para1" eId="schedule-3-paragraph-28-a"><num>(a)</num><content><p><mod>a
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-3-paragraph-28-a"><num>(a)</num><content><p><mod>after “sections” insert <quotedText>“ A19(5), A25(3), A26(4), A27(1), A28(5), A29(6), A30(2), A31(10), A32(4), ”</quoted
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-3-paragraph-28-b"><num>(b)</num><content><p>omit from “and those under” to the end.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-29" class="schProv1"><num>29</num><content><p><mod>In section 434 (Crown application), after “Insolvency Act 1985” insert <quotedText>“ and Part A1 ”</quotedText>.</mod></p></
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-30" class="schProv1"><num>30</num><content><p>Omit Schedule A1 (moratorium where directors propose voluntary arrangement).</p></content></paragraph>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-3-paragraph-31" class="schProv1"><num>31</num><subparagraph eId="schedule-3-paragraph-31-1"><
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-3-paragraph-32" class="schProv1"><num>32</num><subparagraph eId="schedule-3-paragraph-32-1"><num>(1)</num><content><p>Schedule 8 (provision capable of inclusion in company insolvency rules) is amended as follows.</p></
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" eId="schedule-3-paragraph-33" class="schProv1"><num>33</num><s
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-4-paragraph-26" class="schProv1"><num>26</num><intro><p>Rule 15.31 of the England and Wales I
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="schedule-4-paragraph-26-a"><num>(a)</num><content><p><mod>before paragraph (1) there were in
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="schedule-4-paragraph-26-b"><num>(b)</num><content><p><mod>after paragraph (2) there were ins
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="schedule-4-paragraph-26-c"><num>(c)</num><content><p><mod>in paragraph (6), after sub-paragr
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-4-paragraph-27" class="schProv1"><num>27</num><content><p><mod>Rule 15.32 of the England and
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="schedule-4-paragraph-28" class="schProv1"><num>28</num><content><p><mod>Rule 15.34 of the England and
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-35"><num>35</num><heading>Procedure for regulations made by the Secretary of State</heading><subsection eId="section-35-1"><num>(1)</num><content><p>Regulations made by the Secretary of State under sections 28 to 33 are t
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-35-1"><num>(1)</num><content><p>Regulations made by the Secretary of State under sections 28 to 33 are to be made by statutory instrument.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-35-2"><num>(2)</num><intro><p>A statutory instrument containing—</p></intro><level class="para1" eId="section-35-2-a"><num>(a)</num><content><p>regulations made under section 28 by the Secretary of State, other than on
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-35-2-a"><num>(a)</num><content><p>regulations made under section 28 by the Secretary of State, other than one to which subsection (6)(a) applies, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-35-2-b"><num>(b)</num><content><p>regulations made under section 33 by the Secretary of State which make provision by amending an Act,</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-35-3"><num>(3)</num><content><p>Regulations contained in a statutory instrument laid before Parliament by virtue of subsection (2) cease to have effect at the end of the period of 40 days beginning with the day on whic
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-35-4"><num>(4)</num><intro><p>In calculating the period of 40 days, no account is to be taken of any time during which—</p></intro><level class="para1" eId="section-35-4-a"><num>(a)</num><content><p>Parliament is disso
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-35-4-a"><num>(a)</num><content><p>Parliament is dissolved or prorogued, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-35-4-b"><num>(b)</num><content><p>both Houses of Parliament are adjourned for more than 4 days.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-35-5"><num>(5)</num><intro><p>Where regulations cease to have effect as a result of subsection (3) that does not—</p></intro><level class="para1" eId="section-35-5-a"><num>(a)</num><content><p>affect anything previousl
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-35-5-a"><num>(a)</num><content><p>affect anything previously done under or by virtue of the regulations, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-35-5-b"><num>(b)</num><content><p>prevent the making of new regulations.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-35-6"><num>(6)</num><intro><p>A statutory instrument containing—</p></intro><level class="para1" eId="section-35-6-a"><num>(a)</num><content><p>regulations made by the Secretary of State under section 28 which merely r
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-35-6-a"><num>(a)</num><content><p>regulations made by the Secretary of State under section 28 which merely revoke other regulations under that section (with or without transitional provision), or</p></content>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-35-6-b"><num>(b)</num><content><p>regulations made by the Secretary of State under section 31(4),</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-35-7"><num>(7)</num><content><p>Regulations under section 32(3) may not be made by the Secretary of State unless a draft of the statutory instrument containing them has been laid before, and approved by a resolution of
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-35-8"><num>(8)</num><content><p>A statutory instrument containing regulations made by the Secretary of State under section 33 which do not make provision by amending an Act is subject to annulment in pursuance of a res
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36"><num>36</num><heading>Interpretation</heading><subsection eId="section-36-1"><num>(1)</num><intro><p>In sections 28 to 35 and this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-c
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-1"><num>(1)</num><intro><p>In sections 28 to 35 and this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-coronavirus" eId="term-coronavirus">coronavirus</term>” means severe acut
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-2"><num>(2)</num><content><p>References to an enactment in subsection (1) include in particular that enactment as applied by any other enactment, with or without modifications, to partnerships, limited liability par
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-36-3"><num>(3)</num><content><p>In this section “<term refersTo="#term-enactment" eId="term-enactment">enactment</term>” includes an enactment contained in Northern Ireland legislation or an instrument made under Nort
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="crossheading-meetings-and-filings"><heading><i>Meetings and filings</i></heading><section eId="section-37"><num>37</num><he
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-37"><num>37</num><heading>Meetings of companies and other bodies</heading><content><p>Schedule 14 makes provision about meetings of companies and other bodies.</p></content></section>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-38"><num>38</num><heading>Temporary extension of period for public company to file accounts</heading><subsection eId="section-38-1"><num>(1)</num><intro><p>This section applies where (but for this section) the period allo
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-38-1"><num>(1)</num><intro><p>This section applies where (but for this section) the period allowed for the directors of a public company to comply with their obligation under section 441 of the Companies Act 2006 to de
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-38-1-a"><num>(a)</num><content><p>after 25 March 2020, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-38-1-b"><num>(b)</num><content><p>before the relevant day.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-38-2"><num>(2)</num><content><p>The period allowed for the directors to comply with that obligation is to be taken to be (and always to have been) a period that ends with the relevant day.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-38-3"><num>(3)</num><intro><p>The relevant day is whichever is the earlier of—</p></intro><level class="para1" eId="section-38-3-a"><num>(a)</num><content><p>30 September 2020, and</p></content></level><level class="pa
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-38-3-a"><num>(a)</num><content><p>30 September 2020, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-38-3-b"><num>(b)</num><content><p>the last day of the period of 12 months immediately following the end of the relevant accounting reference period.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-38-4"><num>(4)</num><content><p>Expressions used in this section and section 442 of the Companies Act 2006 (period allowed for filing accounts) have the same meaning in this section as in that section.</p></content></s
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39"><num>39</num><heading>Temporary power to extend periods for providing information to registrar</heading><subsection eId="section-39-1"><num>(1)</num><content><p><mod>The Secretary of State may by regulations provide t
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39-1"><num>(1)</num><content><p><mod>The Secretary of State may by regulations provide that any provision listed in section 40 is to have effect as if for a reference in the provision to a period of days or months (“th
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39-2"><num>(2)</num><intro><p>The substituted period must not exceed—</p></intro><level class="para1" eId="section-39-2-a"><num>(a)</num><content><p>42 days, in a case where the existing period is 21 days or fewer, and
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-39-2-a"><num>(a)</num><content><p>42 days, in a case where the existing period is 21 days or fewer, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-39-2-b"><num>(b)</num><content><p>12 months, in a case where the existing period is 3, 6 or 9 months.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39-3"><num>(3)</num><content><p>The power conferred by this section may not be exercised in relation to a reference to a period of 12 months.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39-4"><num>(4)</num><intro><p>Regulations under this section may make—</p></intro><level class="para1" eId="section-39-4-a"><num>(a)</num><content><p>different provision for different purposes;</p></content></level><le
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-39-4-a"><num>(a)</num><content><p>different provision for different purposes;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-39-4-b"><num>(b)</num><content><p>consequential, incidental or supplementary provision (including provision modifying an enactment);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-39-4-c"><num>(c)</num><content><p>transitional provision or savings.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39-5"><num>(5)</num><content><p>In subsection (4) “<term refersTo="#term-enactment" eId="term-enactment">enactment</term>” includes an Act of the Scottish Parliament and an instrument made under such an Act.</p></cont
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39-6"><num>(6)</num><content><p>Regulations under this section are to be made by statutory instrument.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39-7"><num>(7)</num><content><p>A statutory instrument containing regulations under this section is subject to annulment in pursuance of a resolution of either House of Parliament.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39-8"><num>(8)</num><content><p>This section expires at the end of the day on 5 April 2021.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-39-9"><num>(9)</num><content><p>The expiry of this section does not affect the continued operation of any regulations made under this section for the purpose of determining the length of any period that begins before t
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-40"><num>40</num><heading>Section 39: the listed provisions</heading><intro><p>The provisions referred to in section 39(1) are—</p></intro><level class="par
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-40-a"><num>(a)</num><content><p>section 9 of the Limited Partnerships Act 1907 (registration of changes to a limited partnership);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-40-b"><num>(b)</num><content><p>section 466 of the Companies Act 1985 (registration of alteration to a floating charge);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-40-c"><num>(c)</num><content><p>section 9 of the Limited Liability Partnerships Act 2000 (notice of membership changes);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-40-d"><num>(d)</num><content><p>regulation 80C of the European Public Limited-Liability Company Regulations 2004 (S.I. 2004/2326) (notice of change in members of the supervisory organ);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-40-e"><num>(e)</num><content><p>the following sections of the Companies Act 2006—</p><blockList class="unordered none" ukl:Name="UnorderedList"
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" class="para1" eId="section-40-f"><num>(f)</num><content><p>the following provisions of the Scottish Partnerships (Register of People with Significant Control) Regulations
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" name="crossheading" ukl:Name="Pblock" eId="crossheading-powers-to-change-periods"><heading><i>Powers to ch
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-41"><num>41</num><heading>Power to change duration of temporary provisions: Great Britain</headi
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-1"><num>(1)</num><intro><p>The Secretary of State may by regulations made by statutory instrument amend a relevant provision so as to—</p></intro><level class="para1" eId="section-41-1-a"><num>(a)</num><content><p>c
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-1-a"><num>(a)</num><content><p>curtail the period for the time being specified in that provision, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-1-b"><num>(b)</num><content><p>prolong that period by up to six months if the Secretary of State considers it reasonable to do so to mitigate an effect of coronavirus.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-41-2"><num>(2)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><cont
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="definition"><intro><p>“<term refersTo="#term-relevant-provision" eId="term-relevant-provision">relev
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-3"><num>(3)</num><content><p>A statutory instrument containing regulations made under subsection (1)(a) is subject to annulment in pursuance of a resolution of either House of Parliament.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-4"><num>(4)</num><content><p>A statutory instrument containing regulations made under subsection (1)(b) must be laid before Parliament as soon as reasonably practicable after being made.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-5"><num>(5)</num><content><p>Subsection (4) does not apply if a draft of the statutory instrument has been laid before and approved by a resolution of each House of Parliament.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-6"><num>(6)</num><content><p>Regulations contained in a statutory instrument laid before Parliament by virtue of subsection (4) cease to have effect at the end of the period of 40 days beginning with the day on whic
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-7"><num>(7)</num><intro><p>In calculating the period of 40 days, no account is to be taken of any time during which—</p></intro><level class="para1" eId="section-41-7-a"><num>(a)</num><content><p>Parliament is disso
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-7-a"><num>(a)</num><content><p>Parliament is dissolved or prorogued, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-7-b"><num>(b)</num><content><p>both Houses of Parliament are adjourned for more than 4 days.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-8"><num>(8)</num><intro><p>Where regulations relating to any relevant provision cease to have effect as a result of subsection (6), the period specified in the relevant provision ends—</p></intro><level class="para1
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-8-a"><num>(a)</num><content><p>at the time it would have ended under the relevant provision if the regulations had not been made, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-8-b"><num>(b)</num><content><p>if later, at the end of the period of 40 days mentioned in subsection (6).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-9"><num>(9)</num><content><p>Where regulations cease to have effect as a result of subsection (6) that does not prevent the making of new regulations.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-41-10"><num>(10)</num><intro><p>Regulations under this section may make—</p></intro><level class="para1" eId="section-41-10-a"><num>(a)</num><content><p>different provision for the purposes of different relevant provis
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-10-a"><num>(a)</num><content><p>different provision for the purposes of different relevant provisions;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-41-10-b"><num>(b)</num><content><p>consequential, transitional or transitory provision or savings.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-42"><num>42</num><heading>Power to change duration of temporary provisions: Northern Ireland</he
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-1"><num>(1)</num><intro><p>The Department may by regulations amend a relevant provision so as to—</p></intro><level class="para1" eId="section-42-1-a"><num>(a)</num><content><p>curtail the period for the time being
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-1-a"><num>(a)</num><content><p>curtail the period for the time being specified in that provision, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-1-b"><num>(b)</num><content><p>prolong that period by up to six months if the Department considers it reasonable to do so to mitigate an effect of coronavirus.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" eId="section-42-2"><num>(2)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><cont
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="definition"><intro><p>“<term refersTo="#term-relevant-provision" eId="term-relevant-provision">relev
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-8" class="schProv1"><num>8</num><subparagraph eId="schedule-4-paragraph-8-1"><num>(1)</num><content><p>This paragraph applies in relation to a moratorium that comes into force during the relevant period.</p
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-4-paragraph-11" class="schProv1"><num>11</num><content><p>In the modifications made by this Part of this Schedule “coronavirus” means severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2).</p></content></paragra
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-1" class="schProv1"><num>1</num><intro><p>In this Schedule “relevant period” means the period which—</p></intro><level class="para1" eId="schedule-8-paragraph-1-a"><num>(a)</num><content><p>begins with the
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-1-a"><num>(a)</num><content><p>begins with the day on which this Schedule comes into force, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-1-b"><num>(b)</num><content><p>ends with 30 September 2020.</p></content></level>
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-49" class="schProv1"><num>49</num><subparagraph eId="schedule-8-paragraph-49-1"><num>(1)</num><content><p>This paragraph sets out how an application, notice or statement is to be authenticated for the purpo
<paragraph xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="schedule-8-paragraph-52" class="schProv1"><num>52</num><intro><p>Where a provision of this Part of this Schedule requires a document to contain contact details of a monitor or other office-holder, the following information must
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-52-a"><num>(a)</num><content><p>a postal address for the monitor or office-holder, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="schedule-8-paragraph-52-b"><num>(b)</num><content><p>either an email address, or a telephone number, through which the monitor may be contacted.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-3"><num>(3)</num><content><p>Regulations under subsection (1)(a) are subject to negative resolution within the meaning of section 41(6) of the Interpretation Act (Northern Ireland) 1954 (c. 33 (N.I.)).</p></content>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-4"><num>(4)</num><content><p>Regulations under subsection (1)(b) must be laid before the Assembly as soon as reasonably practicable after being made.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-5"><num>(5)</num><content><p>Subsection (4) does not apply if a draft of the regulations has been laid before, and approved by a resolution of, the Assembly.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-6"><num>(6)</num><content><p>Section 41(3) of the Interpretation Act (Northern Ireland) 1954 applies for the purposes of subsection (5) in relation to the laying of a draft as it applies in relation to the laying of
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-7"><num>(7)</num><content><p>Regulations laid before the Assembly by virtue of subsection (4) cease to have effect at the end of the period of 40 days beginning with the day on which the regulations are made, unless
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-8"><num>(8)</num><intro><p>In calculating the period of 40 days, no account is to be taken of any time during which the Assembly is—</p></intro><level class="para1" eId="section-42-8-a"><num>(a)</num><content><p>dis
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-8-a"><num>(a)</num><content><p>dissolved,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-8-b"><num>(b)</num><content><p>in recess for more than 4 days, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-8-c"><num>(c)</num><content><p>adjourned for more than 6 days.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-9"><num>(9)</num><intro><p>Where regulations cease to have effect as a result of subsection (7), the period specified in the relevant provision ends—</p></intro><level class="para1" eId="section-42-9-a"><num>(a)</nu
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-9-a"><num>(a)</num><content><p>at the time it would have ended under the relevant provision if the regulations had not been made, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-9-b"><num>(b)</num><content><p>if later, at the end of the period of 40 days mentioned in subsection (7).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-10"><num>(10)</num><content><p>Where regulations cease to have effect as a result of subsection (7) that does not prevent the making of new regulations.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-11"><num>(11)</num><intro><p>Regulations under this section may make—</p></intro><level class="para1" eId="section-42-11-a"><num>(a)</num><content><p>different provision for the purposes of different relevant provis
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-11-a"><num>(a)</num><content><p>different provision for the purposes of different relevant provisions;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-42-11-b"><num>(b)</num><content><p>consequential, transitional or transitory provision or savings.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-12"><num>(12)</num><content><p>The power of the Department to make regulations under this section is exercisable by statutory rule for the purposes of the Statutory Rules (Northern Ireland) Order 1979 (S.I. 1979/157
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-42-13"><num>(13)</num><intro><p>In this section—</p></intro><hcontainer name="definition"><content><p>“<term refersTo="#term-the-assembly" eId="term-the-assembly">the Assembly</term>” means the Northern Ireland Assembl
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="crossheading-implementation-of-insolvency-measures"><heading><i>Implementation of insolvency measures</i></heading><section
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43"><num>43</num><heading>Modified procedure for regulations of the Secretary of State</heading><subsection eId="section-43-1"><num>(1)</num><content><p>During the period of six months beginning with the day on which this
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-1"><num>(1)</num><content><p>During the period of six months beginning with the day on which this section comes into force, any relevant provision that may be made by the Secretary of State by regulations that are s
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-2"><num>(2)</num><intro><p>In subsection (1) “<term refersTo="#term-relevant-provision" eId="term-relevant-provision">relevant provision</term>” means—</p></intro><level class="para1" eId="section-43-2-a"><num>(a)<
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-2-a"><num>(a)</num><content><p>provision under section A50(1) or (4) of the Insolvency Act 1986 (power to modify moratorium provisions in relation to certain companies);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-2-b"><num>(b)</num><content><p>provision under section A51(1) of the Insolvency Act 1986 (moratorium: power to make provision in connection with pension schemes);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-2-c"><num>(c)</num><content><p>provision under paragraph 20 of Schedule ZA1 to the Insolvency Act 1986 to exclude private registered providers of social housing from being eligible companies for the purpose
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-2-d"><num>(d)</num><content><p>provision under section 14 or 16 of the Limited Liability Partnerships Act 2000 (insolvency etc and power to make consequential amendments) to the extent that the provision is
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-2-e"><num>(e)</num><content><p>provision under section 245 of the Charities Act 2011 (insolvency etc of charitable incorporated organisations etc) to the extent that the provision applies, or is otherwise m
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-3"><num>(3)</num><content><p>During the period of six months beginning with the day on which this section comes into force, the consultation duty in section 348(4) of the Charities Act 2011 does not apply in relatio
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-4"><num>(4)</num><intro><p>In subsections (2) and (3) “<term refersTo="#term-the-new-insolvency-measures" eId="term-the-new-insolvency-measures">the new insolvency measures</term>” means the provision made by—</p><
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-4-a"><num>(a)</num><content><p>sections 1 to 3 and Schedules 1 to 4 (moratorium);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-4-b"><num>(b)</num><content><p>sections 14 and 15 and Schedule 12 (termination clauses in supply contracts).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-5"><num>(5)</num><intro><p>For the purposes of this section —</p></intro><level class="para1" eId="section-43-5-a"><num>(a)</num><content><p>“<term refersTo="#term-regulations-that-are-subject-to-the-affirmative-res
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-5-a"><num>(a)</num><content><p>“<term refersTo="#term-regulations-that-are-subject-to-the-affirmative-resolution-procedure" eId="term-regulations-that-are-subject-to-the-affirmative-resolution-procedure">re
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-5-b"><num>(b)</num><intro><p>“<term refersTo="#term-regulations-that-are-subject-to-the-made-affirmative-procedure" eId="term-regulations-that-are-subject-to-the-made-affirmative-procedure">regulations that
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-43-5-b-i"><num>(i)</num><content><p>are contained in a statutory instrument that must be laid before Parliament as soon as reasonably practicable after being made, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-43-5-b-ii"><num>(ii)</num><content><p>cease to have effect at the end of the period of 40 days beginning with the day on which the instrument is made, unless during that period the instrument is approved by a
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-6"><num>(6)</num><intro><p>In calculating the period of 40 days mentioned in subsection (5)(b)(ii), no account is to be taken of any time during which—</p></intro><level class="para1" eId="section-43-6-a"><num>(a)</
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-6-a"><num>(a)</num><content><p>Parliament is dissolved or prorogued, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-6-b"><num>(b)</num><content><p>both Houses of Parliament are adjourned for more than 4 days.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-43-7"><num>(7)</num><intro><p>Where by virtue of this section the Secretary of State makes regulations that are subject to the made affirmative procedure and the regulations cease to have effect because they are not ap
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-7-a"><num>(a)</num><content><p>affect anything previously done under or by virtue of the regulations, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-43-7-b"><num>(b)</num><content><p>prevent the making of new regulations.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-44"><num>44</num><heading>Modified procedure for regulations of the Welsh Ministers</heading><subsection eId="section-44-1"><num>(1)</num><content><p>During the period of six months beginning with the day on which this se
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-44-1"><num>(1)</num><content><p>During the period of six months beginning with the day on which this section comes into force, any relevant provision that may be made by the Welsh Ministers by regulations that are subj
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-44-2"><num>(2)</num><intro><p>In subsection (1) “<term refersTo="#term-relevant-provision" eId="term-relevant-provision">relevant provision</term>” means—</p></intro><level class="para1" eId="section-44-2-a"><num>(a)<
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-44-2-a"><num>(a)</num><content><p>provision under section A50(2) of the Insolvency Act 1986 (power to modify moratorium provisions in relation to certain companies);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-44-2-b"><num>(b)</num><content><p>provision under paragraph 21 of Schedule ZA1 to the Insolvency Act 1986 (exclusion of registered social landlords from eligibility under Part A1 of that Act);</p></content></l
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-44-2-c"><num>(c)</num><content><p>provision under section 247A of the Charities Act 2011 (regulations about moratoriums for charitable incorporated organisations that are registered social landlords).</p></con
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-44-3"><num>(3)</num><content><p>During the period of six months beginning with the day on which this section comes into force, the consultation duty in section 247A(6) of the Charities Act 2011 does not apply in relati
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-44-4"><num>(4)</num><intro><p>For the purposes of this section —</p></intro><level class="para1" eId="section-44-4-a"><num>(a)</num><content><p>“<term refersTo="#term-regulations-that-are-subject-to-the-affirmative-res
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-44-4-a"><num>(a)</num><content><p>“<term refersTo="#term-regulations-that-are-subject-to-the-affirmative-resolution-procedure" eId="term-regulations-that-are-subject-to-the-affirmative-resolution-procedure">re
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-44-4-b"><num>(b)</num><intro><p>“<term refersTo="#term-regulations-that-are-subject-to-the-made-affirmative-procedure" eId="term-regulations-that-are-subject-to-the-made-affirmative-procedure">regulations that
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-44-4-b-i"><num>(i)</num><content><p>are contained in a statutory instrument that must be laid before Senedd Cymru as soon as reasonably practicable after being made, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-44-4-b-ii"><num>(ii)</num><content><p>cease to have effect at the end of the period of 40 days beginning with the day on which the instrument is made, unless during that period the instrument is approved by a
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-44-5"><num>(5)</num><intro><p>In calculating the period of 40 days mentioned in subsection (4)(b)(ii), no account is to be taken of any time during which Senedd Cymru is—</p></intro><level class="para1" eId="section-44
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-44-5-a"><num>(a)</num><content><p>dissolved, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-44-5-b"><num>(b)</num><content><p>in recess for more than 4 days.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-44-6"><num>(6)</num><intro><p>Where by virtue of this section the Welsh Ministers make regulations that are subject to the made affirmative procedure and the regulations cease to have effect because they are not approv
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-44-6-a"><num>(a)</num><content><p>affect anything previously done under or by virtue of the regulations, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-44-6-b"><num>(b)</num><content><p>prevent the making of new regulations.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-45"><num>45</num><heading>Modified procedure for regulations of the Scottish Ministers</heading><subsection eId="section-45-1"><num>(1)</num><content><p>During the period of six months beginning with the day on which this
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-45-1"><num>(1)</num><content><p>During the period of six months beginning with the day on which this section comes into force, any relevant provision that may be made by the Scottish Ministers by regulations that are s
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-45-2"><num>(2)</num><intro><p>In subsection (1) “<term refersTo="#term-relevant-provision" eId="term-relevant-provision">relevant provision</term>” means—</p></intro><level class="para1" eId="section-45-2-a"><num>(a)<
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-45-2-a"><num>(a)</num><content><p>provision under section A50(3) of the Insolvency Act 1986 (power to modify moratorium provisions in relation to certain companies);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-45-2-b"><num>(b)</num><content><p>provision under paragraph 22 of Schedule ZA1 to the Insolvency Act 1986 (exclusion of registered social landlords from eligibility under Part A1 of that Act).</p></content></l
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-45-3"><num>(3)</num><intro><p>For the purposes of this section “<term refersTo="#term-regulations-that-are-subject-to-the-made-affirmative-procedure" eId="term-regulations-that-are-subject-to-the-made-affirmative-proc
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-45-3-a"><num>(a)</num><content><p>must be laid before the Scottish Parliament as soon as reasonably practicable after being made, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-45-3-b"><num>(b)</num><content><p>cease to have effect at the end of the period of 40 days beginning with the day on which the regulations are made, unless during that period the regulations are approved by a
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-45-4"><num>(4)</num><intro><p>In calculating the period of 40 days mentioned in subsection (3)(b), no account is to be taken of any time during which the Scottish Parliament is—</p></intro><level class="para1" eId="sec
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-45-4-a"><num>(a)</num><content><p>dissolved, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-45-4-b"><num>(b)</num><content><p>in recess for more than 4 days.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-45-5"><num>(5)</num><intro><p>Where by virtue of this section the Scottish Ministers make regulations that are subject to the made affirmative procedure and the regulations cease to have effect because they are not app
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-45-5-a"><num>(a)</num><content><p>affect anything previously done under or by virtue of the regulations, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-45-5-b"><num>(b)</num><content><p>prevent the making of new regulations.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-45-6"><num>(6)</num><content><p>Section 30 of the Interpretation and Legislative Reform (Scotland) Act 2010 does not apply in relation to regulations that are subject to the made affirmative procedure by virtue of this
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-46"><num>46</num><heading>Modified procedure for regulations of Northern Ireland departments</heading><subsection eId="section-46-1"><num>(1)</num><content><p>During the period of six months beginning with the day on whic
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-46-1"><num>(1)</num><content><p>During the period of six months beginning with the day on which this section comes into force, any relevant provision that may be made by a Northern Ireland department by regulations tha
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-46-2"><num>(2)</num><intro><p>In subsection (1) “<term refersTo="#term-relevant-provision" eId="term-relevant-provision">relevant provision</term>” means—</p></intro><level class="para1" eId="section-46-2-a"><num>(a)<
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-46-2-a"><num>(a)</num><content><p>provision under Article 13HA(1) of the Insolvency (Northern Ireland) Order 1989 (power to modify moratorium provisions in relation to certain companies);</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-46-2-b"><num>(b)</num><content><p>provision under Article 13HB(1) of that Order (moratorium: power to make provision in connection with pension schemes).</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-46-3"><num>(3)</num><intro><p>For the purposes of this section—</p></intro><level class="para1" eId="section-46-3-a"><num>(a)</num><content><p>“<term refersTo="#term-regulations-that-are-subject-to-the-affirmative-reso
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-46-3-a"><num>(a)</num><content><p>“<term refersTo="#term-regulations-that-are-subject-to-the-affirmative-resolution-procedure" eId="term-regulations-that-are-subject-to-the-affirmative-resolution-procedure">re
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-46-3-b"><num>(b)</num><intro><p>“<term refersTo="#term-regulations-that-are-subject-to-the-made-affirmative-procedure" eId="term-regulations-that-are-subject-to-the-made-affirmative-procedure">regulations that
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-46-3-b-i"><num>(i)</num><content><p>must be laid before the Assembly as soon as reasonably practicable after being made, and</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para2" eId="section-46-3-b-ii"><num>(ii)</num><content><p>cease to have effect at the end of the period of 40 days beginning with the day on which the regulations are made, unless during that period the regulations are approved b
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-46-4"><num>(4)</num><intro><p>In calculating the period of 40 days mentioned in subsection (3)(b)(ii), no account is to be taken of any time during which the Assembly is—</p></intro><level class="para1" eId="section-46
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-46-4-a"><num>(a)</num><content><p>dissolved,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-46-4-b"><num>(b)</num><content><p>in recess for more than 4 days, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-46-4-c"><num>(c)</num><content><p>adjourned for more than 6 days.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-46-5"><num>(5)</num><intro><p>Where by virtue of this section a Northern Ireland department makes regulations that are subject to the made affirmative procedure and the regulations cease to have effect because they are
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-46-5-a"><num>(a)</num><content><p>affect anything previously done under or by virtue of the regulations, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-46-5-b"><num>(b)</num><content><p>prevent the making of new regulations.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-46-6"><num>(6)</num><content><p>In this section “<term refersTo="#term-the-assembly" eId="term-the-assembly">the Assembly</term>” means the Northern Ireland Assembly.</p></content></subsection>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" name="crossheading" ukl:Name="Pblock" eId="crossheading-general"><heading><i>General</i></heading><section eId="section-47"><num>47</num><heading>Power to make conseq
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47"><num>47</num><heading>Power to make consequential provision</heading><subsection eId="section-47-1"><num>(1)</num><content><p>The Secretary of State or the Treasury may by regulations make provision that is consequent
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47-1"><num>(1)</num><content><p>The Secretary of State or the Treasury may by regulations make provision that is consequential on this Act.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47-2"><num>(2)</num><intro><p>The power in subsection (1) may, in particular, be used to amend, repeal, revoke or otherwise modify any provision of this Act or any provision made by or under primary legislation passed
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-47-2-a"><num>(a)</num><content><p>before this Act, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-47-2-b"><num>(b)</num><content><p>later in the same session of Parliament as this Act.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47-3"><num>(3)</num><content><p>But the power to amend or repeal any provision made by this Act may not be used after the period of 3 years beginning with the day on which it is passed.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47-4"><num>(4)</num><intro><p>Regulations under this section—</p></intro><level class="para1" eId="section-47-4-a"><num>(a)</num><content><p>may make different provision for different purposes;</p></content></level><le
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-47-4-a"><num>(a)</num><content><p>may make different provision for different purposes;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-47-4-b"><num>(b)</num><content><p>may include transitional or transitory provision or savings.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47-5"><num>(5)</num><content><p>Regulations under this section are to be made by statutory instrument.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47-6"><num>(6)</num><content><p>A statutory instrument containing regulations under this section that amend or repeal provision made by primary legislation (whether alone or with other provision) may not be made unless
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47-7"><num>(7)</num><content><p>Any other statutory instrument containing regulations under this section is subject to annulment in pursuance of a resolution of either House of Parliament.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-47-8"><num>(8)</num><intro><p>In this section “<term refersTo="#term-primary-legislation" eId="term-primary-legislation">primary legislation</term>” means—</p></intro><level class="para1" eId="section-47-8-a"><num>(a)
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-47-8-a"><num>(a)</num><content><p>an Act,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-47-8-b"><num>(b)</num><content><p>an Act or Measure of Senedd Cymru,</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-47-8-c"><num>(c)</num><content><p>an Act of the Scottish Parliament, or</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-47-8-d"><num>(d)</num><content><p>Northern Ireland legislation.</p></content></level>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-48"><num>48</num><heading>Extent</heading><subsection eId="section-48-1"><num>(1)</num><content><p>An amendment, repeal or revocation made by this Act has the same extent within the United Kingdom as the provision amended
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-48-1"><num>(1)</num><content><p>An amendment, repeal or revocation made by this Act has the same extent within the United Kingdom as the provision amended, repealed or revoked.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-48-2"><num>(2)</num><intro><p>The following provisions extend to England and Wales and Scotland only—</p></intro><level class="para1" eId="section-48-2-a"><num>(a)</num><content><p>section 3 and Parts 1 and 2 of Schedu
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-2-a"><num>(a)</num><content><p>section 3 and Parts 1 and 2 of Schedule 4;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-2-b"><num>(b)</num><content><p>section 10 and Schedule 10;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-2-c"><num>(c)</num><content><p>section 12;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-2-d"><num>(d)</num><content><p>section 15;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-2-e"><num>(e)</num><content><p>sections 20 to 24;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-2-f"><num>(f)</num><content><p>section 41.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-48-3"><num>(3)</num><intro><p>The following provisions extend to England and Wales only—</p></intro><level class="para1" eId="section-48-3-a"><num>(a)</num><content><p>section 44;</p></content></level><level class="par
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-3-a"><num>(a)</num><content><p>section 44;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-3-b"><num>(b)</num><content><p>Part 3 of Schedule 4.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-48-4"><num>(4)</num><intro><p>The following provisions extend to Scotland only—</p></intro><level class="para1" eId="section-48-4-a"><num>(a)</num><content><p>section 45;</p></content></level><level class="para1" eId="
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-4-a"><num>(a)</num><content><p>section 45;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-4-b"><num>(b)</num><content><p>Part 4 of Schedule 4.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-48-5"><num>(5)</num><intro><p>The following provisions extend to Northern Ireland only—</p></intro><level class="para1" eId="section-48-5-a"><num>(a)</num><content><p>section 6 and Schedule 8;</p></content></level><lev
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-5-a"><num>(a)</num><content><p>section 6 and Schedule 8;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-5-b"><num>(b)</num><content><p>section 11 and Schedule 11;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-5-c"><num>(c)</num><content><p>section 13;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-5-d"><num>(d)</num><content><p>section 19;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-5-e"><num>(e)</num><content><p>sections 28 to 36;</p></content></level>
<level xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" class="para1" eId="section-48-5-f"><num>(f)</num><content><p>section 42.</p></content></level>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-48-6"><num>(6)</num><content><p>Subject to the above, this Act extends to England and Wales, Scotland and Northern Ireland.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-49"><num>49</num><heading>Commencement</heading><subsection eId="section-49-1"><num>(1)</num><content><p>This Act comes into force on the day after that on which it is passed, subject to subsection (2).</p></content></sub
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-49-1"><num>(1)</num><content><p>This Act comes into force on the day after that on which it is passed, subject to subsection (2).</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-49-2"><num>(2)</num><content><p>Paragraph 51 of Schedule 3 comes into force on such day as the Secretary of State may by regulations appoint.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-49-3"><num>(3)</num><content><p>Different days may be appointed for different purposes.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-49-4"><num>(4)</num><content><p>The Secretary of State may by regulations make transitional or saving provision in connection with the coming into force of any provision of this Act.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-49-5"><num>(5)</num><content><p>The power to make regulations under subsection (4) includes power to make different provision for different purposes.</p></content></subsection>
<subsection xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-49-6"><num>(6)</num><content><p>Regulations under this section are to be made by statutory instrument.</p></content></subsection>
<section xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" eId="section-50"><num>50</num><heading>Short title</heading><content><p>This Act may be cited as the Corporate Insolvency and Governance Act 2020.</p></content></section>
<hcontainer xmlns="http://docs.oasis-open.org/legaldocml/ns/akn/3.0" xmlns:uk="https://www.legislation.gov.uk/namespaces/UK-AKN" xmlns:ukl="http://www.legislation.gov.uk/namespaces/legislation" xmlns:default="http://www.w3.org/1999/xhtml" name="schedules" eId="schedules"><heading>SCHEDULES</heading>