Introductory text
This draft Statutory Instrument supersedes the draft of the same title which was laid before Parliament and published on 12th September 2017 (ISBN 978-0-11-116013-8). It is being issued free of charge to all known recipients of that draft Statutory Instrument.
Draft Regulations laid before Parliament under sections 159(3) and 161(4) of the Small Business, Enterprise and Employment Act 2015, for approval by resolution of each House of Parliament.
Insolvency
Made ***
Coming into force in accordance with regulation 1(2) and (3)
The Treasury make the following Regulations in exercise of the powers conferred by sections 159(1), (2) and (9) and 161(2) of the Small Business, Enterprise and Employment Act 2015f1.
A draft of these Regulations has been laid before Parliament and approved by a resolution of each House of Parliament in accordance with sections 159(3) and 161(4) of the Small Business, Enterprise and Employment Act 2015.
Annotations
Footnotes
- f1
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2015 c. 26. Section 161(6) of the Act provides that any provision that may be included in an instrument under the Act subject to negative resolution procedure may be made by regulations subject to affirmative resolution procedure.