PART 3Miscellaneous amendments of the Insolvency Rules

Amendment of Part 6 of the Insolvency Rules

29.  After rule 6.23 (advertisement of appointment) insert—

Additional requirements as to advertisement where moratorium under Part A1 of the Act in force

6.23A.(1) This rule applies in the case of a voluntary winding up where, immediately before the company goes into liquidation, a moratorium under Part A1 of the Act is in force for that company.

(2) Where this rules applies the liquidator must, in addition to delivering a notice of the appointment in accordance with section 109(1), deliver notice of the liquidator’s appointment to the monitor.

(3) Notice under this rule must be given within the period of 14 days beginning with the day on which the liquidator is appointed..