http://www.legislation.gov.uk/uksi/2021/672/contents/madeThe Insolvency (England and Wales) (Amendment) Rules 2021enKing's Printer of Acts of Parliament2021-06-08INSOLVENCY, ENGLAND AND WALES;INDIVIDUALS These Rules amend the Insolvency (England and Wales) Rules 2016 (S.I. 2016/1024). Rule 9.9 of those Rules lists property the official receiver must disregard for the purposes of determining the value of a debtor’s property in connection with a debt relief order under Part 7A of the Insolvency Act 1986. This includes a single domestic motor vehicle whose maximum potential realisable value is less than £1,000. These Rules change that amount to £2,000. The Insolvency (England and Wales) (Amendment) Rules 2021 1Citation, commencement, extent and transitional provision 2Amendments to the Insolvency (England and Wales) Rules 2016 2021 No. 672 Insolvency, England And Wales Individuals The Insolvency (England and Wales) (Amendment) Rules 2021 Made 4th June 2021 Laid before Parliament 8th June 2021 Coming into force 29th June 2021

The Lord Chancellor has consulted the committee existing for the purposes of section 413 of the Insolvency Act 1986.

The Lord Chancellor, with the concurrence of the Secretary of State, in exercise of the powers conferred by section 412 of that Act, makes the following Rules.
1986 c. 45. There are amendments to section 413, but none is relevant to these Rules. Section 412 confers on the Lord Chancellor the power to make rules in relation to individual insolvency with the concurrence of the Secretary of State and the Lord Chief Justice (in the case of rules that affect court procedure). Relevant amendments were made by the Tribunals, Courts and Enforcement Act 2007 (c. 15), Schedule 20, paragraph 8.
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<dc:description>These Rules amend the Insolvency (England and Wales) Rules 2016 (S.I. 2016/1024). Rule 9.9 of those Rules lists property the official receiver must disregard for the purposes of determining the value of a debtor’s property in connection with a debt relief order under Part 7A of the Insolvency Act 1986. This includes a single domestic motor vehicle whose maximum potential realisable value is less than £1,000. These Rules change that amount to £2,000.</dc:description>
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<Title>The Insolvency (England and Wales) (Amendment) Rules 2021</Title>
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The Lord Chancellor has consulted the committee existing for the purposes of section 413 of the Insolvency Act 1986
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.
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The Lord Chancellor, with the concurrence of the Secretary of State, in exercise of the powers conferred by section 412
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of that Act, makes the following Rules.
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<Citation URI="http://www.legislation.gov.uk/id/ukpga/1986/45" id="c00002" Class="UnitedKingdomPublicGeneralAct" Year="1986" Number="0045">1986 c. 45</Citation>
. There are amendments to section 413, but none is relevant to these Rules.
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Section 412 confers on the Lord Chancellor the power to make rules in relation to individual insolvency with the concurrence of the Secretary of State and the Lord Chief Justice (in the case of rules that affect court procedure). Relevant amendments were made by the Tribunals, Courts and Enforcement Act
<Citation URI="http://www.legislation.gov.uk/id/ukpga/2007/15" id="c00003" Class="UnitedKingdomPublicGeneralAct" Year="2007" Number="0015">2007 (c. 15)</Citation>
, Schedule 20, paragraph 8.
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