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Regulation (EU) 2015/848 of the European Parliament and of the CouncilShow full title
Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings (recast)
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CHAPTER IIIU.K.SECONDARY INSOLVENCY PROCEEDINGS
F1Article 34U.K.Opening of proceedings
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Textual Amendments
F1Arts. 6-83 omitted (31.12.2020) by virtue of S.I. 2019/146, Sch. para. 7 (as substituted by The Insolvency (Amendment) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/1459), reg. 1(2), Sch. para. 3; 2020 c. 1, Sch. 5 para. 1(1))
F1Article 35U.K.Applicable law
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Textual Amendments
F1Arts. 6-83 omitted (31.12.2020) by virtue of S.I. 2019/146, Sch. para. 7 (as substituted by The Insolvency (Amendment) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/1459), reg. 1(2), Sch. para. 3; 2020 c. 1, Sch. 5 para. 1(1))
F1Article 36U.K.Right to give an undertaking in order to avoid secondary insolvency proceedings
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Textual Amendments
F1Arts. 6-83 omitted (31.12.2020) by virtue of S.I. 2019/146, Sch. para. 7 (as substituted by The Insolvency (Amendment) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/1459), reg. 1(2), Sch. para. 3; 2020 c. 1, Sch. 5 para. 1(1))
F1Article 37U.K.Right to request the opening of secondary insolvency proceedings
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Textual Amendments
F1Arts. 6-83 omitted (31.12.2020) by virtue of S.I. 2019/146, Sch. para. 7 (as substituted by The Insolvency (Amendment) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/1459), reg. 1(2), Sch. para. 3; 2020 c. 1, Sch. 5 para. 1(1))
F1Article 38U.K.Decision to open secondary insolvency proceedings
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Textual Amendments
F1Arts. 6-83 omitted (31.12.2020) by virtue of S.I. 2019/146, Sch. para. 7 (as substituted by The Insolvency (Amendment) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/1459), reg. 1(2), Sch. para. 3; 2020 c. 1, Sch. 5 para. 1(1))
F1Article 39U.K.Judicial review of the decision to open secondary insolvency proceedings
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Textual Amendments
F1Arts. 6-83 omitted (31.12.2020) by virtue of S.I. 2019/146, Sch. para. 7 (as substituted by The Insolvency (Amendment) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/1459), reg. 1(2), Sch. para. 3; 2020 c. 1, Sch. 5 para. 1(1))
F1Article 40U.K.Advance payment of costs and expenses
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Textual Amendments
F1Arts. 6-83 omitted (31.12.2020) by virtue of S.I. 2019/146, Sch. para. 7 (as substituted by The Insolvency (Amendment) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/1459), reg. 1(2), Sch. para. 3; 2020 c. 1, Sch. 5 para. 1(1))
F1Article 41U.K.Cooperation and communication between insolvency practitioners
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Textual Amendments
F1Arts. 6-83 omitted (31.12.2020) by virtue of S.I. 2019/146, Sch. para. 7 (as substituted by The Insolvency (Amendment) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/1459), reg. 1(2), Sch. para. 3; 2020 c. 1, Sch. 5 para. 1(1))
F1Article 42U.K.Cooperation and communication between courts
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Textual Amendments
F1Arts. 6-83 omitted (31.12.2020) by virtue of S.I. 2019/146, Sch. para. 7 (as substituted by The Insolvency (Amendment) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/1459), reg. 1(2), Sch. para. 3; 2020 c. 1, Sch. 5 para. 1(1))
F1Article 43U.K.Cooperation and communication between insolvency practitioners and courts
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1Arts. 6-83 omitted (31.12.2020) by virtue of S.I. 2019/146, Sch. para. 7 (as substituted by The Insolvency (Amendment) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/1459), reg. 1(2), Sch. para. 3; 2020 c. 1, Sch. 5 para. 1(1))
F1Article 44U.K.Costs of cooperation and communication
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Textual Amendments
F1Arts. 6-83 omitted (31.12.2020) by virtue of S.I. 2019/146, Sch. para. 7 (as substituted by The Insolvency (Amendment) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/1459), reg. 1(2), Sch. para. 3; 2020 c. 1, Sch. 5 para. 1(1))
F1Article 45U.K.Exercise of creditors' rights
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1Arts. 6-83 omitted (31.12.2020) by virtue of S.I. 2019/146, Sch. para. 7 (as substituted by The Insolvency (Amendment) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/1459), reg. 1(2), Sch. para. 3; 2020 c. 1, Sch. 5 para. 1(1))
F1Article 46U.K.Stay of the process of realisation of assets
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Textual Amendments
F1Arts. 6-83 omitted (31.12.2020) by virtue of S.I. 2019/146, Sch. para. 7 (as substituted by The Insolvency (Amendment) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/1459), reg. 1(2), Sch. para. 3; 2020 c. 1, Sch. 5 para. 1(1))
F1Article 47U.K.Power of the insolvency practitioner to propose restructuring plans
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Textual Amendments
F1Arts. 6-83 omitted (31.12.2020) by virtue of S.I. 2019/146, Sch. para. 7 (as substituted by The Insolvency (Amendment) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/1459), reg. 1(2), Sch. para. 3; 2020 c. 1, Sch. 5 para. 1(1))
F1Article 48U.K.Impact of closure of insolvency proceedings
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1Arts. 6-83 omitted (31.12.2020) by virtue of S.I. 2019/146, Sch. para. 7 (as substituted by The Insolvency (Amendment) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/1459), reg. 1(2), Sch. para. 3; 2020 c. 1, Sch. 5 para. 1(1))
F1Article 49U.K.Assets remaining in the secondary insolvency proceedings
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1Arts. 6-83 omitted (31.12.2020) by virtue of S.I. 2019/146, Sch. para. 7 (as substituted by The Insolvency (Amendment) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/1459), reg. 1(2), Sch. para. 3; 2020 c. 1, Sch. 5 para. 1(1))
F1Article 50U.K.Subsequent opening of the main insolvency proceedings
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1Arts. 6-83 omitted (31.12.2020) by virtue of S.I. 2019/146, Sch. para. 7 (as substituted by The Insolvency (Amendment) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/1459), reg. 1(2), Sch. para. 3; 2020 c. 1, Sch. 5 para. 1(1))
F1Article 51U.K.Conversion of secondary insolvency proceedings
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1Arts. 6-83 omitted (31.12.2020) by virtue of S.I. 2019/146, Sch. para. 7 (as substituted by The Insolvency (Amendment) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/1459), reg. 1(2), Sch. para. 3; 2020 c. 1, Sch. 5 para. 1(1))
F1Article 52U.K.Preservation measures
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1Arts. 6-83 omitted (31.12.2020) by virtue of S.I. 2019/146, Sch. para. 7 (as substituted by The Insolvency (Amendment) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/1459), reg. 1(2), Sch. para. 3; 2020 c. 1, Sch. 5 para. 1(1))
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