The Insolvency (Northern Ireland) Order 1989 No. 2405 (NI. 19)

PARTS VIII TO X INSOLVENCY OF INDIVIDUALS; BANKRUPTCY

PART VIII INDIVIDUAL VOLUNTARY ARRANGEMENTS

CHAPTER I DEEDS OF ARRANGEMENT

Avoidance of deeds of arrangement

Avoidance of unregistered deeds of arrangement

214.  A deed of arrangement shall be void unless—

(a) it is registered—

(i) within 7 clear days from the first execution of the deed by the debtor or any creditor; or

(ii) if it is executed in any place out of Northern Ireland, within 7 clear days from the time at which it would, in the ordinary course of post, arrive in Northern Ireland, if posted within one week after the execution of the deed; and

(b) it bears such stamp as is mentioned in Article 211(2).