The Insolvency (Amendment) Rules 2010

Amendments to Rule 2.88

This section has no associated Explanatory Memorandum

83.—(1) Rule 2.88 (interest) is amended as follows.

(2) Before paragraph (1) insert—

(A1) In this Rule, “the relevant date” means the date on which the company entered administration or, if the administration was immediately preceded by a winding up, the date on which the company went into liquidation..

(3) In paragraph (1), for all the words after “after” substitute “the relevant date”.

(4) In paragraph (2), for “the company entered administration” substitute “the relevant date”.

(5) In paragraph (3), for “the date when the company entered administration” substitute “the relevant date”.

(6) In paragraph (4), for “that date” substitute “the relevant date”.

(7) In paragraph (5), for “that of the company’s entering administration” substitute “the relevant date”.

(8) In paragraph (6), for “the date when the company entered administration” substitute “the relevant date”.

(9) In paragraph (7), for “the company entered administration” substitute “the relevant date”.

(10) In paragraph (9), for “or” substitute “and”.