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

Regulation 37A Application of the I(NI)O 1989 and related insolvency legislation in Northern Ireland

(1) The provisions of the IA 1986 and the I(NI)O 1989 mentioned in the first column of the Table apply to special administration as they apply to any other insolvency proceedings, with any modifications shown in the third column.

(2) References in the first column of the Table are to provisions in the I(NI)O 1989 unless otherwise stated.

(3) Articles 88 to 94 of the Judgments Enforcement (Northern Ireland) Order 1981 [S.I. 1981/226 (N.I. 6).] apply to special administration as they apply to any other insolvency proceedings as if in Article 88(2)(b) -

(a) in paragraph (i), the words "or of the calling" to "to be proposed" were omitted;

(b) in paragraph (ii), for the words "or of the calling of such a meeting" to the end, there were substituted "but a winding-up order is not at any time made as a result of that petition".

(4) This regulation applies to the special administration of, or in relation to, an institution which is incorporated in, or formed under the law of Northern Ireland.

(5) For the purposes of paragraph (4), an institution whose registered office, or in the case of an institution with no registered office, whose principal place of business, is situated in Northern Ireland is to be treated as incorporated in, or formed under, the law of Northern Ireland.