http://www.legislation.gov.uk/uksi/2016/1024/rule/2.22/2017-04-06The Insolvency (England and Wales) Rules 2016texttext/xmlenStatute Law DatabaseINSOLVENCY, ENGLAND AND WALES;COMPANIES, INDIVIDUALS2024-07-02Expert Participation2017-04-06 These Rules set out the detailed procedures for the conduct of all company and personal insolvency proceedings in England and Wales under the Insolvency Act 1986 and otherwise give effect to that Act. These Rules supersede the Insolvency Rules 1986 (SI 1986/1925 as amended). Those Rules are revoked along with 29 amending Rules. These Rules give effect to amendments made to the Insolvency Act by the Enterprise and Regulatory Reform Act 2011 (c.24), the Deregulation Act 2015 (c.20) and the Small Business, Enterprise and Employment Act 2015 (c.26). PART 2COMPANY VOLUNTARY ARRANGEMENTS (CVA)CHAPTER 4Procedure for a CVA with a moratoriumApplication to the court to replace the nominee (paragraph 28 of Schedule A1)21Directors who intend to make an application under paragraph 28 of Schedule A1 for the nominee to be replaced must deliver a notice of the intention to make the application to the nominee at least five business days before filing the application with the court.2A nominee who intends to make an application under that paragraph to be replaced must deliver notice of the intention to make the application to the directors at least five business days before filing the application with the court.3The court must not appoint a replacement nominee unless a statement by the replacement nominee has been filed with the court confirming that person—aconsents to act; andbis qualified to act as an insolvency practitioner in relation to the company.Paragraph 28(1) is amended by paragraph 20(2)(e)(i) of Schedule 6 to the Deregulation Act 2015 (c.20).
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<Title>COMPANY VOLUNTARY ARRANGEMENTS (CVA)</Title>
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<Title>Application to the court to replace the nominee (paragraph 28 of Schedule A1)</Title>
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Directors who intend to make an application under paragraph 28
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of Schedule A1 for the nominee to be replaced must deliver a notice of the intention to make the application to the nominee at least five business days before filing the application with the court.
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<Text>A nominee who intends to make an application under that paragraph to be replaced must deliver notice of the intention to make the application to the directors at least five business days before filing the application with the court.</Text>
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<Text>The court must not appoint a replacement nominee unless a statement by the replacement nominee has been filed with the court confirming that person—</Text>
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Paragraph 28(1) is amended by paragraph 20(2)(e)(i) of Schedule 6 to the
<Citation URI="http://www.legislation.gov.uk/id/ukpga/2015/20" id="c00061" Year="2015" Class="UnitedKingdomPublicGeneralAct" Number="20" Title="Deregulation Act 2015">Deregulation Act 2015 (c.20)</Citation>
.
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