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The Insolvency Amendment (EU 2015/848) Regulations 2017

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Amendments to the Insolvency (Northern Ireland) Order 1989U.K.

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107.—(1) Article 169 (dissolution otherwise than under Article 167) is amended as follows.

(2) In paragraph (1)—

(a)after “of the notice” insert “ and any statement under Article 124(7) or 124A(2),”, and

(b)after “the registration” insert “of the final account or notice”.

(3) After paragraph (1) insert—

(1A) Paragraph (1B) applies where a statement under Article 124(7) or 124A(2) indicates that a member State liquidator does not consent to the company being dissolved.

(1B) The company is not dissolved at the end of the period mentioned in paragraph (1) but is instead dissolved at the end of the period of 3 months beginning with the date (if any) recorded in the register as the date on which the registrar was notified that—

(a)all proceedings identified in the statement under Article 124(7) or 124A(2) were closed; or

(b)every member State liquidator appointed in those proceedings consented to the company being dissolved.

Commencement Information

I1Sch. para. 107 in force at 26.6.2017, see reg. 1

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