The Insolvency Amendment (EU 2015/848) Regulations 2017

Member state liquidator: duty to give notice U.K.

50.  In rule 21.7—

(a) for the heading substitute “Proceedings in another member State: duty to give notice”;

(b) in paragraph (1)(a) after “liquidator” insert “, provisional liquidator, interim receiver” and delete sub-paragraph (b) and the “and” preceding it;”;

(c) in paragraph (2)—

(i) for “Article 31 of the EC Regulation” substitute “Article 41 of the EU Regulation”;

(ii) after “liquidator” insert “, provisional liquidator, interim receiver”;

(iii) and for “the member State liquidator” substitute—

“(a) any member State liquidator; or

(b) where the supervisor, administrator, liquidator, provisional liquidator, interim receiver or trustee knows that an application has been made to commence insolvency proceedings in another member State but a member State liquidator has not yet been appointed to the court to which that application has been made.”

Commencement Information

I1 Sch. para. 50 in force at 26.6.2017, see reg. 1