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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 October 2009 - onwards
Version 2 of 2

Article 8 Amendments of insolvency legislation

(1) The amendments by this Order of the Insolvency Act 1986 [1986 c.45.] ("the 1986 Act") and the Insolvency (Northern Ireland) Order 1989 [S.I. 1989/2405 (N.I. 19).] ("the 1989 Order") apply as follows.

(2) They apply where, in a company voluntary arrangement, a moratorium comes into force in relation to a company on or after 1st October 2009.

(3) They apply where a company enters administration on or after 1st October 2009, except where -

(a) it enters administration by virtue of an administration order under paragraph 10 of Schedule B1 [Schedule B1 was inserted by the Enterprise Act 2002 (c.40), Schedule 16.] to the 1986 Act (or paragraph 11 of Schedule B1 [Schedule B1 was inserted by S.I. 2005/1455 (N.I. 10), Schedule 1.] to the 1989 Order) on an application made before 1st October 2009,

(b) the administration is immediately preceded by a voluntary liquidation in respect of which the resolution to wind up was passed before 1st October 2009, or

(c) the administration is immediately preceded by a liquidation on the making of a winding- up order on a petition which was presented before 1st October 2009.

(4) They apply where, in a receivership, a receiver or manager is appointed in respect of a company on or after 1st October 2009.

(5) They apply where a company goes into liquidation upon the passing on or after 1st October 2009 of a resolution to wind up.