The Administration (Restrictions on Disposal etc. to Connected Persons) Regulations 2021

1. Introductory Text

2. PART 1 Introductory provisions

   1. 1. Citation, commencement and application

   2. 2. Interpretation

3. PART 2 Restrictions on disposal of property by administrators

   1. CHAPTER 1 GENERAL

      1. 3. Conditions and requirements that apply in respect of a substantial disposal by the administrator

   2. CHAPTER 2 CONDITION AS TO CREDITOR APPROVAL

      1. 4. Creditor approval

   3. CHAPTER 3 CONDITION AS TO THE OBTAINING OF A QUALIFYING REPORT

      1. 5. Qualifying report: meaning of qualifying report

      2. 6. Qualifying report: requirements to be met in connection with obtaining and considering the report

      3. 7. Qualifying report: required content

      4. 8. Qualifying report: additional requirements where previous report obtained

   4. CHAPTER 4 NOTIFICATION OF QUALIFYING REPORT TO REGISTRAR OF COMPANIES AND TO CREDITORS

      1. 9. Notification requirements where a qualifying report is obtained

4. PART 3 The Evaluator

   1. 10. Requirements for acting as evaluator

   2. 11. The requirement as to insurance

   3. 12. Requirement as to independence

   4. 13. Exclusion from providing the report

5. Signature

6. Explanatory Note