# The Banks and Building Societies (Priorities on Insolvency) Order 2018 (revoked) S.I. 2018/1244 · made 27 November 2018 · revised to 29 August 2023 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PDFs: Printed copy https://openlegislation.uk/banks-and-building-societies-priorities-on-insolvency-order-2018-revoked/pdf/uksi_20181244_en.pdf; UK Explanatory Memorandum https://openlegislation.uk/banks-and-building-societies-priorities-on-insolvency-order-2018-revoked/pdf/uksiem_20181244_en.pdf ## Introductory text Financial Services Banks And Banking Building Societies Made 27th November 2018 Laid before Parliament 28th November 2018 Coming into force 19th December 2018 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 1: Introductory Provisions ## 1 Citation and commencement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 2 Extent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 3 Transitional provision . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 2: Amendments of the Insolvency Act 1986 ## 4 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 5 Non-preferential debts in company voluntary arrangements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 6 Non-preferential debts in winding up of companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 7 Non-preferential debts in individual voluntary arrangements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 8 Non-preferential debts in bankruptcy proceedings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 10 Interpretation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 12 Moratorium where directors propose voluntary arrangement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 13 Administration and secondary non-preferential debts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 3: Amendments of the Banking Act 2009 ## 14 Amendments of the Banking Act 2009 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 4: Amendments of the Insolvent Partnerships Order 1994 ## 15 Amendments of the Insolvent Partnerships Order 1994 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 19 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 20 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 21 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 5: Amendments of the Insolvency (Northern Ireland) Order 1989 ## 22 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 23 Non-preferential debts in company voluntary arrangements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 24 Non-preferential debts in winding up of companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 25 Non-preferential debts in individual voluntary arrangements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 26 Non-preferential debts in bankruptcy proceedings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 27 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 28 Interpretation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 29 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 30 Moratorium where directors propose voluntary arrangement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 31 Administration and secondary non-preferential debts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 6: Amendments of Insolvent Partnerships Order (Northern Ireland) 1995 ## 32 Amendments to the Insolvent Partnerships Order (Northern Ireland) 1995 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 33 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 34 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 35 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 36 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 37 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 38 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 7: Further Amendments relating to Parts 2 to 6 ## 39 Housing Act 1996 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 40 Housing and Regeneration Act 2008 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 41 Housing (Scotland) Act 2010 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 42 Bankruptcy (Scotland) Act 2016 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 43 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 44 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 45 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 46 Amendment of the Investment Bank Special Administration Regulations 2011 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 8: Review ## 47 Review . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Signature . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Explanatory note . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . --- Source: https://www.legislation.gov.uk/uksi/2018/1244 (the official version) Page: https://openlegislation.uk/banks-and-building-societies-priorities-on-insolvency-order-2018-revoked Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.