The Insolvency (England and Wales) Rules 2016 No. 1024

[F1 PART 1A E+W MORATORIUMS

Textual Amendments

F1 Pt. 1A inserted (1.10.2021) by The Insolvency (England and Wales) (No.2) (Amendment) Rules 2021 (S.I. 2021/1028), rules 1, 6 (with rules 4, 5)

CHAPTER 7 E+W Notices about change in the end of moratorium

Notification by directors to the monitor under section A17(1) of the Act: contents and requirements E+W

1A.20.— (1) A notice under section A17(1) must be delivered to the monitor.

(2) The notice must—

(a) be delivered within the period of three business days beginning with the day on which the duty to give the notice arises, and

(b) contain—

(i) the identification details for the company,

(ii) a statement specifying the provision in Part A1 of the Insolvency Act 1986 by virtue of which the moratorium was extended or came to an end (as the case may be) and

(iii) if the moratorium has come to an end by virtue of section A16(1)(a) or (b) (company enters into insolvency procedure etc.) the additional information required by paragraph (3).

(3) The additional information that is required if a moratorium has come to an end by virtue of—

(a) section A16(1)(a), is the date on which the compromise or arrangement came into effect, or

(b) section A16(1)(b), is—

(i) the date on which the company entered into the relevant insolvency procedure, and

(ii) the contact details for the office-holder for that procedure.]