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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 4 January 2024 - onwards

Schedule 2A How special administration applies to Northern Ireland partnerships

Regulation 47(2A)

1. This Schedule makes provision about how special administration applies to institutions which are formed as partnerships under the law of Northern Ireland.

2. In this Schedule "IPO (NI) 1995" means the Insolvent Partnerships Order (Northern Ireland) 1995 [S.R. 1995 No. 225, as amended by S.R. 2006/515.].

3. Where an institution is formed as a partnership, then -

(a) in these Regulations, and

(b) in the CDD(NI)O 2002 as applied and modified by these Regulations,

references to the things in the first column of Table 1 are to be read in accordance with the corresponding modification in the second column.

Table 1

Reference

Modification

References to companies

To be read as if they were references to partnerships.

References to the registrar of companies

To be omitted.

References to shares of a company

To be read as if they were -

(a) in relation to a partnership with capital, to rights to share in that capital, and

(b) in relation to a partnership without capital, to interests -