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Version status: Not yet in force | Document consolidation status: No known changes
Version date: 5 July 2023 - onwards

37. Amendment of section 82 of Act of 1988

Section 82 of the Act of 1988 is amended -

(a) by the substitution of the following subsection for subsection (2):

"(2) The Official Assignee shall -

(a) within four working days of the filing under subsection (1), cause notice of the filing to be given to the creditors concerned by the publication of the notice on the website of the Insolvency Service, or in such other manner as the Minister may, by regulation, prescribe, and

(b) within four working days of the publication of the notice under paragraph (a), provide, by a notice in such form as the Minister may by regulation prescribe, particulars to the creditors concerned of how it is proposed to distribute the estate.",

(b) by the insertion of the following subsection after subsection (2):

"(2A) The Official Assignee shall distribute the estate in the manner set out in the particulars provided under subsection (2)(b) no earlier than 15 days after the provision of such particulars but no such distribution shall be made without leave of the Court where an application under subsection (3) has been made by a creditor.",

(c) by the substitution of the following subsection for subsection (3):