The Insolvency (Northern Ireland) Order 2005

This section has no associated Explanatory Memorandum

49.  In Article 81 (modification of insolvency law)—N.I.

(a)in paragraph (3) for sub-paragraph (b) substitute—

(b)the application for an administration order or the presentation of a winding-up petition or the passing of a resolution for voluntary winding up,, and

(b)after paragraph (3) insert—

(3A) In paragraph (3)(b) the reference to an application for an administration order shall be taken to include a reference to—

(a)in a case where an administrator is appointed under paragraph 15 or 23 of Schedule B1 to the Insolvency Order (appointment by floating charge holder, company or directors) following filing with the Court of a copy of a notice of intention to appoint under that paragraph, the filing of the copy of the notice, and

(b)in a case where an administrator is appointed under either of those paragraphs without a copy of a notice of intention to appoint having been filed with the Court, the appointment of the administrator..

Commencement Information

I1Sch. 2 (except para. 25) wholly in operation at 27.3.2006, see art. 1(3) and S.R. 2006/21, art. 2 (subject to S.R. 2006/22, arts. 2-7)