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(1)The High Court and the county courts have jurisdiction throughout England and Wales for the purposes of the Parts in this Group.
(2)For the purposes of those Parts, a county court has, in addition to its ordinary jurisdiction, all the powers and jurisdiction of the High Court; and the orders of the court may be enforced accordingly in the prescribed manner.
(3)Jurisdiction for the purposes of those Parts is exercised—
(a)by the High Court in relation to the proceedings which, in accordance with the rules, are allocated to the London insolvency district, and
(b)by each county court in relation to the proceedings which are so allocated to the insolvency district of that court.
(4)Subsection (3) is without prejudice to the transfer of proceedings from one court to another in the manner prescribed by the rules; and nothing in that subsection invalidates any proceedings on the grounds that they were initiated or continued in the wrong court.