The Further Education Bodies (Insolvency) Regulations 2018

PART 1Introductory

1Citation, commencement and application

2Interpretation

3Application of normal insolvency procedures to statutory corporations: modifications and omissions

PART 2General modifications to relevant insolvency legislation

4General modifications of relevant insolvency legislation

PART 3Specific modifications to relevant insolvency legislation

7Section 1 (Those who may propose an arrangement)

8Section 41 (Enforcement of duty to make returns)

9Chapter 1 of Part 4 (Contributories)

10Section 85 (Notice of resolution to wind up)

11Section 88 (Avoidance of share transfers, etc. after winding up resolution)

12Section 99 (Directors to lay statement of affairs before creditors)

13Section 104A (Progress report to company and creditors… (England and Wales))

14Section 106 (Final account prior to dissolution)

15Section 107 (Distribution of company’s property)

16Section 124A (Petition for winding up on grounds of public interest)

17Section 130 (Consequences of winding-up order)

18Section 143 (General functions in winding up by the court)

19Section 146 (Final account)

20Section 187 (Power to make over assets to employees)

21Section 218 (Prosecution of delinquent officers and members of the company)

22Section 250 (“Member” of a company)

23Section 251 (Expressions used generally)

24Section 432 (Offences by bodies corporate)

25Paragraphs 4A to 4K of Schedule A1

26Paragraph 46 of Schedule B1

27Paragraph 49 of Schedule B1

28Paragraph 53 of Schedule B1

29Paragraph 54 of Schedule B1

30Paragraph 78 of Schedule B1

31Paragraph 83 of Schedule B1

32Paragraph 84 of Schedule B1

33Modification of the Insolvency (England and Wales) Rules 2016

PART 4Modification of legislation about insolvency

34Land Compensation Act 1973

35Value Added Tax Act 1994

36Third Parties (Rights against Insurers) Act 2010

37Land Registration Rules 2003

38Non-Domestic Rating (Unoccupied Property) (England) Regulations 2008

PART 5Modifications of the Companies Act 2006

39General modifications of the Companies Act 2006

40Section 1117 of the Companies Act 2006 (Registrar’s rules)

41Modification of section 29 of the Companies Act 2006 (resolutions and agreements affecting a company’s constitution)

42Modification of Section 1066 of the Companies Act 2006 (company’s registered numbers)

Draft Regulations laid before Parliament under section 45 of the Technical and Further Education Act 2017, for approval by resolution of each House of Parliament.

2018 No.

Education, England And Wales

Insolvency, England And Wales

The Further Education Bodies (Insolvency) Regulations 2018

Made***

Coming into force in accordance with regulation 1(1)

The Secretary of State makes the following Regulations, in exercise of the powers conferred by sections 6(2)(a), 7(1), 8(1) to (3) and 33(1) of the Technical and Further Education Act 20171.

In accordance with section 45(2) of the Technical and Further Education Act 2017, a draft of these Regulations was laid before, and approved by a resolution of, each House of Parliament.