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The Insolvency (Northern Ireland) Order 1989
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Rhagor o Adnoddau
Changes over time for: Section 13CG
Alternative versions:
- 26/06/2020- Amendment
- 04/01/2024
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Point in time view as at 04/01/2024.
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The Insolvency (Northern Ireland) Order 1989, Section 13CG is up to date with all changes known to be in force on or before 13 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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[F1Company enters into insolvency procedure etcN.I.
13CG.—(1) A moratorium comes to an end at any time at which the company—
(a)enters into a compromise or arrangement (see paragraph (2)), or
(b)enters into a relevant insolvency procedure (see paragraph (3)).
(2) For the purposes of this Article a company enters into a compromise or arrangement if an order under section 899 or 901F of the Companies Act 2006 (court sanction for compromise or arrangement) comes into effect in relation to the company.
(3) For the purposes of this Article a company enters into a relevant insolvency procedure if—
(a)a voluntary arrangement takes effect under Article 18 in relation to the company,
(b)the company enters administration (within the meaning of Schedule B1 (see paragraph 2(2)(b) of that Schedule)),
(c)paragraph 45 of Schedule B1 (administration: interim moratorium) begins to apply in relation to the company, or
(d)the company goes into liquidation (see Article 6).]
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