Article 5 Amendments to the principal Order

For the Schedule substitute—

“SCHEDULE

PART 1

Article 2A

Monetary Limits for Purposes of Part VIIA of the Insolvency (Northern Ireland) Order 1989

Column 1 Article of Order	Column 2 Short Description	Column 3 Monetary Amount
208S(4)	Maximum amount of credit which a person in respect of whom a debt relief order is made may obtain without disclosure of his status.	£500
Schedule 2ZA	Monetary conditions which must be satisfied for a debt relief order to be made—
(a) paragraph 6(1)	(a) maximum amount of a person’s debts:	£15,000
(b) paragraph 7(1)	(b) maximum amount of monthly surplus income:	£50
(c) paragraph 8(1)	(c) maximum total value of property:	£300

PART 2

Article 3

Monetary Limits for Purposes of Part IX of the Insolvency (Northern Ireland) 0rder 1989

Column 1 Article of Order	Column 2 Short Description	Column 3 Monetary
247(1)(a)	Maximum level of unsecured bankruptcy debts on debtor’s petition for case to be referred to insolvency practitioner to assess possibility of voluntary arrangement with creditors.	£40,000
247(1)(b)	Minimum potential value of bankrupt’s estate for case to be referred as described above.	£4,000
286A(2)	Minimum value of interests in a dwelling-house for application by trustee for order for sale, possession or an order under Article 286.	£1,000
325(1) and (3)	Minimum amount of concealed debt, or value of property concealed or removed, determining criminal liability under the Article.	£1,000
329(1)	Minimum value of property taken by a bankrupt out of Northern Ireland, determining his criminal liability.	£1,000
331(1)	Maximum amount of credit which bankrupt may obtain without disclosure of his status.	£500
335(2)(d)	Minimum value of goods removed by the bankrupt, determining his liability to arrest.	£1,000

”