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Changes over time for: Section 415B


Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 01/10/2021.
Changes to legislation:
Insolvency Act 1986, Section 415B is up to date with all changes known to be in force on or before 09 March 2025. 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.

Changes to Legislation
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[415BMonetary limits (company moratorium)E+W+S
(1)The Secretary of State may by regulations increase or reduce any of the money sums for the time being specified in the following provisions of Part A1—
(a)section A25(1) (maximum amount of credit which company may obtain without disclosing moratorium);
(b)section A28(2) (maximum amount for certain payments without obtaining monitor consent etc);
(c)section A46(2) (minimum value of company property concealed or fraudulently removed, affecting criminal liability of company’s officer).
(2)Regulations under this section may contain such transitional provisions as may appear to the Secretary of State necessary or expedient.
(3)Regulations under this section are to be made by statutory instrument subject to annulment in pursuance of a resolution of either House of Parliament.]
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