F1Sch. 2A inserted (27.3.2006) by Insolvency (Northern Ireland) Order 2005 (S.I. 2005/1455 (N.I. 10)), arts. 1(3), 13(2), Sch. 5 (with art. 4); S.R. 2006/21, art. 2 (with S.R. 2006/22, arts. 2 - 7)
7.—(1) A bankrupt may offer a bankruptcy restrictions undertaking to the Department.N.I.
(2) In determining whether to accept a bankruptcy restrictions undertaking the Department shall have regard to the matters specified in paragraph 2(2) and (3).
8. A reference in a statutory provision to a person in respect of whom a bankruptcy restrictions order has effect (or who is “the subject of” a bankruptcy restrictions order) includes a reference to a person in respect of whom—N.I.
(a)an interim bankruptcy restrictions order, or
(b)a bankruptcy restrictions undertaking,
has effect.
9.—(1) A bankruptcy restrictions undertaking—N.I.
(a)shall come into force on being accepted by the Department, and
(b)shall cease to have effect at the end of a date specified in the undertaking.
(2) The date specified under sub-paragraph (1)(b) must not be—
(a)before the end of the period of 2 years beginning with the date on which the undertaking is accepted, or
(b)after the end of the period of 15 years beginning with that date.
(3) On an application by the bankrupt the High Court may—
(a)annul a bankruptcy restrictions undertaking;
(b)provide for a bankruptcy restrictions undertaking to cease to have effect before the date specified under sub-paragraph (1)(b).]
Modifications etc. (not altering text)
C1Sch. 2A para. 9 modified by S.R. 1991/364, rule 6.242 (as inserted (27.3.2006) by Insolvency (Amendment) Rules (Northern Ireland) 2006 (S.R. 2006/47), Sch. 1 para. 92)