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Insolvency Act 1986, Section 413 is up to date with all changes known to be in force on or before 30 August 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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(1)The committee established under section 10 of the M1Insolvency Act 1976 (advisory committee on bankruptcy and winding-up rules) continues to exist for the purpose of being consulted under this section.
(2)The Lord Chancellor shall consult the committee before making any rules under section 411 or 412 [F1other than rules which contain a statement that the only provision made by the rules is provision applying rules made under section 411, with or without modifications, for the purposes of provision made by section [F2any of sections 23 to 26 of the Water Industry Act 1991 or Schedule 3 to that Act]][F3or by any of sections 59 to 65 of, or Schedule 6 or 7 to, the Railways Act 1993.].
(3)Subject to the next subsection, the committee shall consist of—
(a)a judge of the High Court attached to the Chancery Division;
(b)a circuit judge;
(c)a registrar in bankruptcy of the High Court;
(d)the registrar of a county court;
(e)a practising barrister;
(f)a practising solictor; and
(g)a practising accountant;
and the appointment of any person as a member of the committee shall be made by the Lord Chancellor.
(4)The Lord Chancellor may appoint as additional members of the committee any persons appearing to him to have qualifications or experience that would be of value to the committee in considering any matter with which it is concerned.
Textual Amendments
F1Words inserted by Water Act 1989 (c. 15, SIF 130), s. 190, Sch. 25 para. 78(2) (with ss. 58(7), 101(1), 141(6), 160(1)(2)(4), 163, 189(4)–(10), 193(1), Sch. 26 paras. 3(1)(2), 17, 40(4), 57(6), 58)
F2Words in S. 413(2) substituted (1.12.1991) by Water Consolidation (Consequential Provisions) Act 1991 (c. 60), ss. 2(1), 4(2), Sch. 1 para. 46.
F3Words in s. 413(2) added (1.4.1994) by 1993 c. 43. ss. 150(1)(o), 152(1), Sch. 12 para.25; S.I. 1994/571, art. 5
Modifications etc. (not altering text)
C1S. 413 applied (with modifications) by S.I. 1986/1999, art. 3, Sch. 1 Pt. II
C2S. 413 applied (1.12.1994) by S.I. 1994/2421, arts. 4(3)(e), 6(3)(e)
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