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Paragraph 187 Amendments to the Insolvency Rules (Northern Ireland) 1991

Original text. Later amendments are not shown.

In Rule 0.2 (Interpretation)—

(a)

omit the following definitions—

(i)

“main proceedings”,

(ii)

“Member State liquidator”,

(iii)

“secondary proceedings”,

(iv)

“temporary administrator”,

(v)

“territorial proceedings”;

(b)

insert in the appropriate places—

  • ““COMI proceedings” means insolvency proceedings in Northern Ireland to which the EU Regulation applies where the centre of the debtor’s main interests is in the United Kingdom;”;

  • ““establishment proceedings” means insolvency proceedings in Northern Ireland to which the EU Regulation applies where the debtor has an establishment in the United Kingdom;”;

(c)

in the definition of “establishment” for “Article 2(h) of the EC Regulation” substitute “Article 2(10) of the EU Regulation”.