Statutory Instruments
Insolvency, England And Wales
Made
22nd June 2023
Laid before Parliament
27th June 2023
Coming into force
18th July 2023
The Lord Chancellor makes the following Rules, in exercise of powers conferred by section 411 of the Insolvency Act 1986(1) and section 159(3) of the Energy Act 2004(2), as applied by section 33 of the Nuclear Energy (Financing) Act 2022(3).
The Rules are made with the concurrence of the Secretary of State and, in the case of those rules which affect court procedure, of the Chancellor of the High Court (as nominee of the Lord Chief Justice under section 411(7) of the Insolvency Act 1986). The Lord Chancellor has consulted the Insolvency Rules Committee in accordance with section 413(2) of the Insolvency Act 1986(4).
1986 c. 45. Section 411 of the Insolvency Act 1986 was amended by S.I. 2002/1037 and the Constitutional Reform Act 2005 (c. 4), Schedule 4, paragraph 188. Section 411(3) was amended by S.I. 2007/2194 and the Banking Act 2009 (c. 1), section 160. There are other amending Acts and instruments, but none is relevant.
2004 c. 20. Section 159(3) was amended by the Energy Act 2011 (c. 16), section 97 and the Nuclear Energy (Financing) Act 2022 (c. 15), section 34.
Section 413 was amended by the Constitutional Reform Act 2005 (c.4), Schedule 4, paragraph 190, the Crime and Courts Act 2013 (c.22), Schedule 9, paragraph 93 and S.I. 2018/130. There are other amendments, but none is relevant.