The Insolvency (England and Wales) (No.2) (Amendment) Rules 2021

Saving provisions

This section has no associated Explanatory Memorandum

4.—(1) This rule applies where before 1st October 2021—

(a)a moratorium under Part A1 of the Insolvency Act 1986(1) has come into force, or

(b)in the case of a moratorium for a company to which either section A4 or A5 of the Insolvency Act 1986 applies, an application has been made to the court.

(2) Where this rule applies—

(a)the amendments made by Parts 2 to 4 of these Rules do not apply, and

(b)Part 3 of Schedule 4 to the Corporate Insolvency and Governance Act 2020(2) continues to have effect,

in relation to that moratorium.

(1)

Part A1 was inserted by section 1 of the Corporate Insolvency and Governance Act 2020 (c.12).

(2)

2020 c.12; Schedule 4 was amended by S.I. 2020/1031 and 2021/375.