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Insolvency Act 1986
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412Individual insolvency rules (England and Wales)
(1)The Lord Chancellor may, with the concurrence of the Secretary of State, make rules for the purpose of giving effect to Parts VIII to XI of this Act.
(2)Without prejudice to the generality of subsection (1), or to any provision of those Parts by virtue of which rules under this section may be made with respect to any matter, rules under this section may contain—
(a)any such provision as is specified in Schedule 9 to this Act or corresponds to provision contained immediately before the appointed day in rules made under section 132 of the [1914 c. 59.] Bankruptcy Act 1914 ; and
(b)such incidental, supplemental and transitional provisions as may appear to the Lord Chancellor necessary or expedient.
(3)Rules under this section shall be made by statutory instrument subject to annulment in pursuance of a resolution of either House of Parliament.
(4)Regulations made by the Secretary of State under a power conferred by rules under this section shall be made by statutory instrument and, after being made, shall be laid before each House of Parliament.
(5)Nothing in this section prejudices any power to make rules of court.
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