# The Insolvency (Monetary Limits) (Amendment) Order (Northern Ireland) 2024, Article 3: Amendments to Part 1 of the Schedule to the principal Order


Column 3 (monetary amount) of Part 1 of the Schedule to the principal Order is amended as follows–
(a) in the entry for the maximum amount of a person’s debts, for “£20,000” substitute “£50,000”.
(b) in the entry for the maximum amount of monthly surplus income, for “£50” substitute “£75”.
(c) in the entry for the maximum total value of property, for “£1,000” substitute “£2,000”.

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Source: https://www.legislation.gov.uk/nidsr/2024/9780338023216/article/3 (the official version)
Page: https://openlegislation.uk/draft-insolvency-monetary-limits-amendment-order-northern-ireland-2024/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.