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Insolvency Act 1986, Section 427 is up to date with all changes known to be in force on or before 16 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)Where a court in England and Wales or Northern Ireland adjudges an individual bankrupt or a court in Scotland awards sequestrian of an individual’s estate, the individual is disqualified—
(a)for sitting or voting in the House of Lords,
(b)for being elected to, or sitting or voting in, the House of Commons, and
(c)for sitting or voting in a committee of either House.
(2)Where an individual is disqualified under this section, the disqualification ceases—
(a)except where the adjudication is annulled or the award recalled or reduced without the individual having been first discharged, on the discharge of the individual, and
(b)in the excepted case, on the annulment, recall or reduction, as the case may be.
(3)No writ of summons shall be issued to any lord of Parliament who is for the time being disqualified under this section for sitting and voting in the House of Lords.
(4)Where a member of the House of Commons who is disqualified under this section continues to be so disqualified until the end of the period of 6 months beginning with the day of the adjudication or award, his seat shall be vacated at the end of that period.
(5)A court which makes an adjudication or award such as is mentioned is subsection (1) in relation to any lord of Parliament or member of the House of Commons shall forthwith certify the adjudication or award to the Speaker of the House of Lords or, as the case may be, to the Speaker of the House of Commons.
(6)Where a court has certified an adjudication or award to the Speaker of the House of Commons under subsection (5), then immediately after it becomes apparent which of the following certificates is applicable, the court shall certify to the Speaker of the House of Commons—
(a)that the period of 6 months beginning with the day of the adjudication or award has expired without the adjudication or award having been annulled, recalled or reduced, or
(b)that the adjudication or award has been annulled, recalled or reduced before the end of that period.
(7)Subject to the preceding provisions of this section, so much of this Act and other enactment (whenever passed) and of any subordinate legislation (whenever made) as—
(a)makes provision of or in connection with bankruptcy in one or more parts of the United Kingdom, or
(b)makes provision conferring a power of arrest in connnection with the winding up or insolvency of companies in one or more parts of the United Kingdom,
applies in relation to persons having privilege of Parliament or peerage as it applies in relation to persons not having such privilege.
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