This Order amends the Insolvent Partnerships Order 1994 (S.I. 1994/2421) (“the 1994 Order”). The following are the main changes made to the 1994 Order.
The Lord Chancellor, in exercise of the powers conferred upon him by section 420 of the Insolvency Act 19861 and section 21(2) of the Company Directors Disqualification Act 19862, with the concurrence of the Secretary of State, hereby makes the following Order: