The Small Business, Enterprise and Employment Act 2015 (Commencement No. 6 and Transitional and Savings Provisions) Regulations 2016 (Amendment) Regulations 2017

This Statutory Instrument has been printed to correct errors in S.I. 2016/1020 and is being issued free of charge to all known recipients of that Statutory Instrument.

Statutory Instruments

2017 No. 363

Insolvency, England & Wales

The Small Business, Enterprise and Employment Act 2015 (Commencement No. 6 and Transitional and Savings Provisions) Regulations 2016 (Amendment) Regulations 2017

Made

9th March 2017

The Secretary of State, in exercise of the powers conferred by sections 160(1), 161(1) and 161(2) of the Small Business, Enterprise and Employment Act 2015(1), makes the following Regulations.

Citation

1.  These Regulations may be cited as the Small Business, Enterprise and Employment Act 2015 (Commencement No. 6 and Transitional and Savings Provisions) Regulations 2016 (Amendment) Regulations 2017.

Amendment to the Small Business, Enterprise and Employment Act 2015 (Commencement No. 6 and Transitional and Savings Provisions) Regulations 2016

2.  The Small Business, Enterprise and Employment Act 2015 (Commencement No. 6 and Transitional and Savings Provisions) Regulations 2016(2) are amended as follows.

3.  In regulation 5(1)(d)—

(a) omit “progress”; and

(b) for “section 104A” substitute “sections 93 or 105”.

Margot James

Minister for Small Business, Consumers, and Corporate Responsibility

Department for Business, Energy and Industrial Strategy

9th March 2017

EXPLANATORY NOTE

(This note is not part of the Regulations)

These Regulations amend a transitional and savings provision in the Small Business, Enterprise and Employment Act 2015 (Commencement No. 6 and Transitional and Savings Provisions) Regulations 2016 (the “2016 Regulations”), which brought into force specified provisions of the Small Business, Enterprise and Employment Act 2015 (c.26) amending the Insolvency Act 1986 (c.45).

Regulation 3 of these Regulations amends regulation 5(1)(d) of the 2016 Regulations so as to save the requirement in sections 93 and 105 of the Insolvency Act 1986 to hold meetings in relation to a company where a resolution to wind up the company was passed before 6th April 2010.

(1)

2015 c.26.

(2)

S.I. 2016/1020.