UK Statutory Instrument
2021
United Kingdom
Insolvency (England and Wales) (No. 2) (Amendment) Rules 2021
At a glance
Enforced by
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
Browse 3 other Schedules — structural / supplementary
In the provisions in the Insolvency Rules specified in the...
This is the Table referred to in paragraph (2)— Insolvency...
Browse 81 other sections — procedural / definitional / commencement
Citation commencement and interpretation
In these rules the “Insolvency Rules” means the Insolvency (England...
Extent
Saving provisions
Nothing in Parts 2 to 4 of these Rules affects...
New Part 1A of the Insolvency Rules
Amendment of Part 1 of the Insolvency Rules
In rule 1.22 (standard contents of documents relating to the...
In rule 1.30 (standard contents of notices relating to the...
In rule 1.38 (creditor’s election to opt-out), before paragraph (1)...
In rule 1.39 (office-holder to provide information to creditors on...
In rule 1.57 (right to list of creditors), before paragraph...
Amendment of Part 2 of the Insolvency Rules
In rule 2.3 (proposal: contents), in the Table in paragraph...
(1) Rule 2.6 (statement of affairs (section 2(3)) is amended...
In rule 2.26 (members’ consideration at a meeting), for paragraph...
For rule 2.27 (creditors’ consideration by a decision procedure) substitute—...
Amendment of Part 3 of the Insolvency Rules
In rule 3.12 (the hearing), after sub-paragraph (1)(c) insert—
In rule 3.23 (notice of intention to appoint), in paragraph...
In rule 3.25 (notice of appointment without prior notice of...
In rule 3.27 (publication of administrator’s appointment), before sub-paragraph (3)(a)...
(1) Rule 3.30 (statement of affairs: content (paragraph 47 of...
(1) Rule 3.35 (administrator’s proposals: additional content) is amended as...
In rule 3.50 (expenses), after paragraph (4) insert—
In rule 3.51 (order of priority), for paragraph (1) substitute—...
After rule 3.51 insert— Priority of moratorium debts in subsequent...
Amendment of Part 6 of the Insolvency Rules
After rule 6.23 (advertisement of appointment) insert— Additional requirements as...
After rule 6.42 (general rule as to priority) insert— Priority...
In rule 6.44 (interpretation), in paragraph (1), in the definition...
In rule 6.46 (request for approval or authorisation), for paragraph...
(1) Rule 6.47 (grant of approval or authorisation) is amended...
Amendment of Part 7 of the Insolvency Rules
In rule 7.11 (persons entitled to request a copy of...
In rule 7.22 (delivery and notice of the order), for...
In rule 7.33 (application for appointment of provisional liquidator (section...
In rule 7.35 (order of appointment of provisional liquidator), after...
In rule 7.39 (termination of appointment), for paragraph (4)(a) substitute—...
(1) Rule 7.41 (statement of affairs) is amended as follows....
(1) Rule 7.108 (general rule as to priority) is amended...
After rule 7.108 insert— Priority of moratorium debts in subsequent...
In rule 7.111 (interpretation), in the definition of “the creditor”...
In rule 7.114 (request for approval or authorisation), for paragraph...
(1) Rule 7.115 (grant of approval or authorisation) is amended...
Amendment of Part 12 of the Insolvency Rules
In rule 12.29 (evidence provided by the official receiver, an...
In rule 12.36 (power to make a block transfer order),...
(1) Rule 12.37 (application for a block transfer order) is...
(1) Rule 12.48 (application for costs) is amended as follows....
(1) Rule 12.52 (orders enforcing compliance) is amended as follows....
Amendment of Part 14 of the Insolvency Rules
(1) Rule 14.1 (interpretation) is amended as follows.
In the heading of Chapter 2 of Part 14, after...
(1) Rule 14.14 (administration and winding up: estimate of value...
In rule 14.16 (secured creditor: surrender for non-disclosure), before paragraph...
In rule 14.17 (secured creditor: redemption by office-holder), before paragraph...
In rule 14.18 (secured creditor: test of security’s value), before...
In rule 14.23 (interest), in paragraph (4)(a), after “in respect...
After rule 14.23 insert— Moratoriums under Part A1 of the...
In rule 14.28 (Gazette notice of intended first dividend or...
(1) Rule 14.29 (individual notices to creditors etc. of intended...
(1) Rule 14.35 (Notice of declaration of a dividend) is...
Amendment of Part 15 of the Insolvency Rules
In rule 15.6 (physical meetings), in paragraph (1), after “business...
In rule 15.8 (notices to creditors of decision procedure), at...
In rule 15.9 (voting in a decision procedure), in paragraph...
In rule 15.11 (notice of decision procedures or of seeking...
In rule 15.14 (notice to company officers, bankrupts etc. in...
In rule 15.23 (adjournment by chair), in paragraph (1), after...
After rule 15.23 insert— Adjournment of meeting in, or for...
In rule 15.25 (adjournment in absence of chair), in paragraph...
In rule 15.26 (proofs in adjournment), before “in an administration”,...
In rule 15.28 (creditors’ voting rights), before paragraph (1) insert—...
(1) Rule 15.31 (calculation of voting rights) is amended as...
In rule 15.32 (calculation of voting rights: special cases), before...
(1) Rule 15.34 (requisite majorities) is amended as follows.
(1) Rule 15.35 (appeals against decisions under this Chapter) is...
Amendment of Schedule 4 to the Insolvency Rules
Schedule 1 makes minor amendments of the Insolvency Rules to...
Schedule 2 makes amendments of the Insolvency Rules in consequence...
Enforcement and responsible bodies
The regulators that administer or enforce this legislation.
The Insolvency Service
Administers compulsory company liquidations and personal bankruptcies. Investigates director misconduct and can seek disqualification orders. Manages redundancy payments from the National Insurance …
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