http://www.legislation.gov.uk/nisr/2023/220/introduction/madeThe Insolvency (Amendment No. 2) Rules (Northern Ireland) 2023enGovernment Printer for Northern Ireland2023-12-21INSOLVENCYThese Rules amend the Insolvency Rules (Northern Ireland) 1991. Rule 5A.14 of those Rules lists property the official receiver must disregard for the purposes of determining the value of a debtor’s property in connection with a debt relief order under Part 7A of the Insolvency (Northern Ireland) Order 1989. This includes a single domestic motor vehicle whose maximum potential realisable value is less than £1,000. These Rules change that amount to £2,000.Statutory Rules of Northern Ireland2023 No. 220InsolvencyThe Insolvency (Amendment No. 2) Rules (Northern Ireland) 2023Made19th December 2023Coming into operation01st February 2024

The Department of Justice makes the following Rules in exercise of the power conferred by Article 359 of the Insolvency (Northern Ireland) Order 1989

S.I. 1989/2405 (N.I. 19), Article 359 of which was amended by the Insolvency (Northern Ireland) Order 1989 (Amendment) Regulations (Northern Ireland) 2002 (S.R. 2002 No. 223), section 15 of and paragraph 81 of Schedule 5 to the Constitutional Reform Act 2005 (c.4), and by Article 15(5) of and paragraph 142 of Schedule 18 to the Northern Ireland Act 1998 (Devolution of Policing and Justice Functions) Order 2010 (S.I. 2010/976).

, with the concurrence of the Department for the Economy

Formerly the Department of Enterprise, Trade, and Investment, see the Departments Act (Northern Ireland) 2016 (2016 c.5 (N.I.) section 1(3) and Schedule 1).

.

In accordance with Article 360 of the Insolvency (Northern Ireland) Order 1989, the Department of Justice has consulted the Committee appointed for the purposes of Article 360 of that Order.

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The Department of Justice makes the following Rules in exercise of the power conferred by Article 359 of the Insolvency (Northern Ireland) Order 1989
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<ref eId="c00001" href="http://www.legislation.gov.uk/id/nisi/1989/2405">S.I. 1989/2405 (N.I. 19)</ref>
, Article 359 of which was amended by the Insolvency (Northern Ireland) Order 1989 (Amendment) Regulations (Northern Ireland) 2002 (
<ref eId="c00002" href="http://www.legislation.gov.uk/id/nisr/2002/223">S.R. 2002 No. 223</ref>
), section 15 of and paragraph 81 of Schedule 5 to the Constitutional Reform Act
<ref eId="c00003" href="http://www.legislation.gov.uk/id/ukpga/2005/4">2005 (c.4)</ref>
, and by Article 15(5) of and paragraph 142 of Schedule 18 to the Northern Ireland Act 1998 (Devolution of Policing and Justice Functions) Order 2010 (
<ref eId="c00004" href="http://www.legislation.gov.uk/id/uksi/2010/976">S.I. 2010/976</ref>
).
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, with the concurrence of the Department for the Economy
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Formerly the Department of Enterprise, Trade, and Investment, see the Departments Act (Northern Ireland) 2016 (
<ref eId="c00005" href="http://www.legislation.gov.uk/id/nia/2016/5">2016 c.5 (N.I.)</ref>
section 1(3) and Schedule 1).
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