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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 21 February 2009 - onwards
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160. Rules

(1) Section 411 of the Insolvency Act 1986 (company insolvency rules) is amended as follows.

(2) After subsection (1A) (inserted by section 125 above) insert -

"(1B) Rules may also be made for the purpose of giving effect to Part 3 of the Banking Act 2009 (bank administration); and rules for that purpose shall be made -

(a) in relation to England and Wales, by the Lord Chancellor with the concurrence of -

(i) the Treasury, and

(ii) in the case of rules that affect court procedure, the Lord Chief Justice, or

(b) in relation to Scotland, by the Treasury."

(3) In subsection (2), after "(1A)" (inserted by section 125 above) insert "or (1B)".

(4) After subsection (2C) (inserted by section 125 above) insert -

"(2D) For the purposes of subsection (2), a reference in Schedule 8 to this Act to doing anything under or for the purposes of a provision of this Act includes a reference to doing anything under or for the purposes of Part 3 of the Banking Act 2009."

(5) In subsection (3) -

(a) after "

Comparing proposed amendment...