(1) A notice under section A17(2) or (3) of the...
- Monitor must give moratorium-related notice within 5 days Any Person
UK Statutory Instrument
2014
United Kingdom
The Co-operative and Community Benefit Societies and Credit Unions (Arrangements, Reconstructions and Administration) Order 2014
At a glance
Enforced by
What's here
15 compliance obligations
Who this Act binds
Business-side actors with duties under this Act, ranked by how often they appear.
- Any Person 13
Plus 2 non-business duties on Crown ministers, regulators, local authorities or tribunals — shown collapsed under each section below.
Other Acts binding the same actors
For each actor bound by this Act, the other UK Acts that bind them most often. Useful for understanding the full compliance landscape facing each role.
Any Person also bound by 2338 other Acts (top 5 shown)
- Human Medicines Regulations 2012 2012 169 duties
- Merchant Shipping Act 1995 1995 144 duties
- Insolvency (England and Wales) Rules 2016 2016 101 duties
- Road Traffic Act 1988 1988 95 duties
- Air Navigation Order 2016 2016 95 duties
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Schedules
Notice of termination of moratorium
- File notice of termination of moratorium with the court Any Person
Termination of moratorium under section A38(1)(d) of the 1986 Act
- Monitor must disregard certain short-term debts when deciding to end moratorium Any Person
Replacement of monitor or additional monitor: notification
- Monitor must give a detailed notice when replaced or when an additional monitor is appointed Any Person
Authentication of documents relating to obtaining or extending moratorium: general
- Authenticate notices and statements related to moratorium applications Any Person
Authentication of documents relating to obtaining or extending moratorium: general
- Authenticate documents for moratorium applications Any Person
Notice by monitor where moratorium comes into force
- Monitor must state name and capacity in moratorium notice Any Person
Extension under section A10 or A11 of the 1986 Act: notices and statements
- Include monitor's contact details in extension statements Any Person
(1) A notice under section A17(2) or (3) of the...
- Give a notice under sections A17(2) or (3) within 5 days Any Person
Notice of termination of moratorium
- Monitor must lodge termination notice in court and provide full details Any Person
Termination of moratorium under section A38(1)(d) of the 1986 Act
Other duties (1) — Crown / regulator
- Monitor must disregard certain debts when ending a moratorium Statutory regulator
Replacement of monitor or additional monitor: notification
- Notify stakeholders when monitor is replaced or additional monitor appointed Any Person
Notice by monitor where moratorium comes into force
- Monitor must issue a formal notice when a moratorium takes effect Any Person
Extension under section A10 or A11 of the 1986 Act: notices and statements
- Monitor must include contact details in extension statement Any Person
Rule 2.23 (release from duty to submit statement of affairs;...
Other duties (1) — Crown / regulator
- FCA-appointed person may appear and be heard on applications for release from statement of affairs duty Statutory regulator
Browse 210 other Schedules — structural / supplementary
(1) Unless the context otherwise requires and subject to any...
In this Part— (a) a reference to a numbered paragraph...
Creditors’ meetings and creditors’ notices
Nature of administration
Appointment of administrator by court
Appointment of administrator by holder of floating charge
Paragraph 15 (restrictions on power to appoint) has effect as...
Effect of administration
In paragraph 45 (publicity) sub-paragraph (3) has effect as if...
Paragraph 46 (announcement of administrator's appointment) has effect as if...
Process of administration
Paragraph 51 (requirement for initial creditors' meeting) has effect as...
Part A1 of the 1986 Act (moratorium) applies in relation...
Section A5 (obtaining a moratorium for other overseas companies) is...
Section A20 (restrictions on insolvency proceedings etc) has effect as...
Section A28 (restrictions on payment of certain pre-moratorium debts) has...
Section A35 (monitoring) has effect as if after subsection (2)...
Section A48 of the 1986 Act (prosecution of delinquent officers...
Chapter 8 of Part A1 of the 1986 Act (miscellaneous...
Section A50 (power to modify this Part etc in relation...
Section A54 has effect as if— (a) in subsection (1),...
Section A55 is omitted.
Schedule ZA1 has effect as if— (a) in paragraph 15—...
Part 1 of the 1986 Act applies in relation to...
Paragraph 52 (requirement for initial creditors' meeting) has effect as...
In paragraph 53 (business and result of initial creditors' meeting),...
Paragraph 54 (revision of administrator's proposals) has effect as if—...
In paragraph 55 (failure to obtain approval of administrator's proposals)...
Paragraph 56 (further creditors' meetings) has effect as if—
In paragraph 58 (correspondence instead of creditors' meeting)—
Functions of administrator
Paragraph 61 (removal and appointment of director) has effect as...
In paragraph 64 (exercise of management power), in sub-paragraph (2)(b)...
In paragraph 65 (distribution) sub-paragraph (1) has effect as if...
Part 1 (company voluntary arrangements)
Ending administration
In paragraph 84 (moving from administration to dissolution) sub-paragraph (5)...
Replacing administrator
Paragraph 96 (substitution of administrator: competing floating charge-holder) has effect...
General
Schedule 1 to the 1986 Act applies in relation to...
This Part has effect without limiting paragraph 26 of this...
In this Part— (a) a reference to a numbered paragraph...
Paragraph 3 (power to borrow) has effect as if it...
Paragraphs 15 (power to establish subsidiaries) and 16 (power to...
Sections 2 to 6 and 7 of ... the 1986...
Section 3 of the 1986 Act (summoning of meetings) has...
Paragraph 16 has effect in relation to a relevant society...
Section 7A of the 1986 Act (prosecution of delinquent officers...
Schedule A1 (moratorium where directors propose voluntary arrangement)
Schedule A1 to the 1986 Act has effect as if...
Schedule A1 to the 1986 Act has effect as if—...
Part 2 of the 1986 Act applies in relation to...
Interpretation
Timing of statements for extension under section A10 or A11
Obtaining creditor consent: qualifying decision procedure
Rule 15.11 of the England and Wales Insolvency Rules (notice...
Rule 15.28 of the England and Wales Insolvency Rules (creditors’...
Rule 15.31 of the England and Wales Insolvency Rules (calculation...
Rule 15.32 of the England and Wales Insolvency Rules (calculation...
Rule 15.34 of the England and Wales Insolvency Rules (requisite...
Content of application to the court for extension of moratorium
Timing of statements accompanying application to court for extension of moratorium
Notices about change in end of moratorium
Content of documents relating to the obtaining or extending of a moratorium: general
Where a moratorium comes to an end under section A16...
(1) A notice under section A17(4) of the 1986 Act...
Notification by members of the committee of insolvency proceedings etc
Replacement of monitor or additional monitor: statement and consent to act
Challenge to monitor’s remuneration
Challenge to actions of the members of the committee: qualifying decision procedure
Priority of moratorium debts etc in subsequent winding up
Priority of moratorium debts etc in subsequent administration
Prescribed format of documents
(1) The following provisions of the England and Wales Insolvency...
Delivery of documents
Applications to court
Identification details for a relevant CCBS
Contact details of a monitor or other office-holder
Meaning of “The England and Wales Insolvency Rules”
Content of documents relating to the obtaining or extending of a moratorium: general
Notice that members of the committee wish to obtain a moratorium
Notice that members of the committee wish to obtain a moratorium
Proposed monitor’s statement and consent to act
Timing of statements for obtaining moratorium
Notice that members of the committee wish to extend a moratorium
Timing of statements for extension under section A10 or A11
Obtaining creditor consent: qualifying decision procedure
Rule 5.11 of the Scottish Insolvency Rules (notice of decision...
Proposed monitor’s statement and consent to act
Rule 5.26 of the Scottish Insolvency Rules (creditors’ voting rights)...
Rule 5.28 of the Scottish Insolvency Rules (calculation of voting...
Rule 5.29 of the Scottish Insolvency Rules (calculation of voting...
Rule 5.31 of the Scottish Insolvency Rules (requisite majorities) has...
Content of application to the court for extension of moratorium
Timing of statements accompanying application to court for extension of moratorium
Notices about change in end of moratorium
Where a moratorium comes to an end under section A16...
(1) A notice under section A17(4) of the 1986 Act...
Timing of statements for obtaining moratorium
Notification by members of the committee of insolvency proceedings etc
Replacement of monitor or additional monitor: statement and consent to act
Challenge to monitor’s remuneration
Challenge to actions of the members of the committee: qualifying decision procedure
Priority of moratorium debts etc in subsequent winding up
Priority of moratorium debts etc in subsequent administration
Prescribed format of documents
(1) The following provisions of the Scottish Insolvency Rules apply,...
Delivery of documents
Identification details for a relevant CCBS
Contact details of a monitor or other office-holder
Meaning of “The Scottish Insolvency Rules”
Notice that members of the committee wish to extend a moratorium
Unless the context otherwise requires and subject to any further...
Part 26 of the 2006 Act applies in relation to...
In section 895 (application of Part 26) subsection (2) has...
In section 899 (court sanction for compromise or arrangement) —...
Section 900 (powers of court to facilitate reconstruction or amalgamation)...
Section 901 (obligations of company with respect to articles etc.)...
Where a copy of any order or other document is...
In paragraph 7— “PRA-authorised person” has the meaning given in...
Unless the context otherwise requires and subject to any further...
Where a copy of any order or other document is...
In paragraph (10)— (a) “PRA-authorised person” has the meaning given...
Part 26A of the 2006 Act applies in relation to...
Section 901A (application of this part) subsection (4) has effect...
Section 901B is omitted.
Section 901F (court sanction for compromise or arrangement) has effect...
Section 901I is omitted.
Section 901J (powers of court to facilitate reconstruction or amalgamation)...
In section 901K (obligations of company with respect to articles...
Section 901L is omitted.
Interpretation
Modification of provisions applied by article 4
Miscellaneous provisions applying to companies which are insolvent
Section 233B (protection of supplies of goods and services) does...
Interpretation for first group of Parts
Insolvency practitioners: qualification and regulation
Section 390 (persons not qualified to act as insolvency practitioners)...
(1) In the following provisions, in a reference to authorisation...
Creditors’ meetings
Creditors’ notices
Punishment of offences
Schedule 10 to the 1986 Act (punishment of offences under...
Schedule 10 to the 1986 Act also has effect without...
In this Schedule— “applied provisions”— in Part 2, means the...
Process of administration
Rule 2.31 (release from duty to submit statement of affairs;...
Meetings and reports
Rule 2.35 has effect as if— (a) paragraph (3) required...
Rule 2.37 (meeting requisitioned by creditors) has effect as if...
Rule 2.43 has effect as if— (a) in paragraph (1)...
In Rule 2.45 (revision of the administrator's proposals)—
In Rule 2.47 (reports to creditors), in paragraphs (1)(g) and...
In Rule 2.48 (correspondence instead of creditors' meetings)—
Rule 2.49 (venue and conduct of company meeting) has effect...
In this Schedule— (a) a reference to the FCA is...
Distributions to creditors
Rule 2.69 (debts of insolvent society to rank equally) has...
Rule 2.85 (mutual credits and set off) has effect as...
Rule 2.95 (notice of proposed distribution) has effect as if—...
In Rule 2.97 (declaration of dividend) member-depositors are to be...
Rule 2.98 (notice of declaration of dividend) has effect as...
In Rule 2.99 (payment of dividends and related matters), in...
Rule 2.100 (notice of no dividend, or no further dividend)...
Rule 2.103 (disqualification from dividend) has effect as if it...
Ending administration
This Part modifies the Parts of the Insolvency Rules 1986...
In Rule 2.113 (notice of end of administration), in paragraphs...
Replacing administrator
(1) Rule 2.122 (application to court to remove administrator from...
Quorum at meetings
Forms
“Prescribed part”
This Part modifies the Parts of the Insolvency (Scotland) Rules...
Unless the context otherwise requires and subject to any further...
The applied provisions have effect with the further modifications set...
Proposal by directors for company voluntary arrangement
Unless the context otherwise requires and subject to any further...
Consideration of proposals where moratorium obtained
Appointment of administrator by holder of floating charge
Process of administration
Meetings
Rule 2.27 has effect as if in paragraph (3) the...
In Rule 2.28— (a) in paragraphs (3), (4) and (10),...
In Rule 2.29 (applicable law (company meetings)) ignore paragraph (a)....
In Rule 2.34 (revision of the administrator's proposals)—
In Rule 2.35, in paragraph (1)(a), in the case of...
The applied provisions have effect as if they provided that...
Distributions to creditors
Rule 2.41 (distributions to creditors) has effect in relation to...
Ending administration
Replacing administrator
(1) Rule 2.53 (application to replace administrator) and Rule 2.56...
Quorum at meetings
Rule 7.7 (quorum) has effect in relation to a relevant...
Rule 7.12 (resolutions) has effect in relation to a meeting...
Forms
This Part modifies Part 3 of Schedule 4 to the...
The applied provisions have effect with the further modifications set...
Unless the context otherwise requires and subject to any further...
The applied provisions have effect as if they provided that...
The applied provisions have effect with the further modifications set...
Proposal by directors for company voluntary arrangement
Consideration of proposals where moratorium obtained
Appointment of administrator by holder of floating charge
Application of the Insolvency Act 1986 (Prescribed Part) Order 2003
Modified application of the Insurers (Reorganisation and Winding Up) Regulations 2004
Modified application of the Pension Protection Fund (Entry Rules) Regulations 2005
Modified application of the Financial Services and Markets Act 2000 (Administration Orders Relating to Insurers) Order 2010
Browse 19 other sections — procedural / definitional / commencement
Citation, commencement and interpretation
Application to relevant societies and relevant CCBS of law about company arrangements, administration and moratoriums
Application of section 176ZB of the 1986 Act
Application of section 176A of the 1986 Act
Application of other provisions of the 1986 Act
Application of section 215 of FSMA
Application of sections 355A and 355B of FSMA
Application of section 356 of FSMA
Application of section 359 of FSMA
Application of section 361 of FSMA
Application of sections 362 and 362A of FSMA
Application of provisions of FSMA: general provision
Application of insolvency rules
Application of other subordinate legislation
Modified application of section 111 of the 2014 Act
Modified application of section 113 of the 2014 Act
Modified application of section 126 of the 2014 Act
Modified application of section 59 of the 1965 Act
Amendment of the 1965 Act
Enforcement and responsible bodies
The regulators that administer or enforce this legislation.
Prudential Regulation Authority
Part of the Bank of England. Prudentially regulates and supervises around 1,292 banks, building societies, credit unions, insurers, and major investment firms. …
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Regulators
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