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Version status: In force | Document consolidation status: No known changes
Version date: 25 June 2021 - onwards
Version 2 of 2

10. Amendment of section 61 of Principal Act

Section 61 of the Principal Act is amended-

(a) in subsection (5), by the substitution of "subsections (6), (7) and (7A)", for "subsections (6) and (7)",

(b) in subsection (6), by the insertion of "or extended under subsection (7) or (7A)," after "subsection (2)(a)",

(c) by the substitution of the following subsection for subsection (7):

"(7) Where a protective certificate has been issued pursuant to subsection (2)(a) or extended under subsection (6) or (7A), the appropriate court may, on application to that court by a personal insolvency practitioner, extend the period of the protective certificate by an additional period not exceeding 40 days where-

(a) the personal insolvency practitioner has been appointed in accordance with section 49A, 49B or 49C, and

(b) the court is satisfied that the extension is necessary to enable the personal insolvency practitioner so appointed to perform his or her 30 functions under this Chapter.",

(d) by the insertion of the following subsection after subsection (7):

"(7A) Where a protective certificate has been issued pursuant to subsection (2)