UK Statutory Instrument
2021
England and Wales
Insolvency (England and Wales) (No. 2) (Amendment) Rules 2021
At a glance
Enforced by
What's here
5 compliance obligations
Who this Act binds
Business-side actors with duties under this Act, ranked by how often they appear.
- Director or Officer 3
- Any Person 1
- Applicant 1
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.
Directors and Officers also bound by 425 other Acts (top 5 shown)
- Insolvency (England and Wales) Rules 2016 2016 161 duties
- Companies Act 2006 2006 108 duties
- Insolvency Act 1986 1986 72 duties
- The Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 2008 55 duties
- The Housing Administration (England and Wales) Rules 2018 2018 26 duties
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
Applicants also bound by 294 other Acts (top 5 shown)
- Insolvency (England and Wales) Rules 2016 2016 46 duties
- Human Medicines Regulations 2012 2012 30 duties
- The Land Registration Rules 2003 2003 25 duties
- Value Added Tax Regulations 1995 1995 18 duties
- Space Industry Regulations 2021 2021 14 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.
Part 1 — Introductory provision
Browse 5 other sections in this Part — procedural / definitional / commencement
Part 2 — Insertion of Part 1A into the Insolvency Rules
Browse 1 other section in this Part — procedural / definitional / commencement
Part 3 — Miscellaneous amendments of the Insolvency Rules
In rule 2.26 (members’ consideration at a meeting), for paragraph...
- Hold members' meeting within 28 days of nominee's report filing Director or Officer
After rule 6.23 (advertisement of appointment) insert— Additional requirements as...
- Notify the monitor of your appointment as liquidator Director or Officer
In rule 7.35 (order of appointment of provisional liquidator), after...
- Deliver sealed copy of provisional liquidation order to monitor Director or Officer
Amendment of Part 12 of the Insolvency Rules
- Serve application on respondent and regulator (if applicable) Applicant
After rule 15.23 insert— Adjournment of meeting in, or for...
- Chair must adjourn meeting if resolved and comply with time limits Any Person
Browse 68 other sections in this Part — procedural / definitional / commencement
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...
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 6.42 (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 7.39 (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...
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...
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
Part 4 — Minor amendments of the Insolvency Rules
Browse 2 other sections in this Part — procedural / definitional / commencement
Schedules
Browse 3 other Schedules — structural / supplementary
The Insolvency Rules are amended as follows.
In the provisions in the Insolvency Rules specified in the...
This is the Table referred to in paragraph (2)— Insolvency...
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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Regulators
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