The Insolvency (2002 Order) (Transitional Provisions) Order (Northern Ireland) 2003
S.R. 2003/546 · Made 22 December 2003
INSOLVENCY
Made 22nd December 2003
Coming into operation 2nd February 2004
The Department of Enterprise, Trade and Investment, in exercise of the powers conferred on it by Article 12 of the Insolvency (Northern Ireland) Order 2002f1 and of every other power enabling it in that behalf, hereby makes the following Order:
Annotations to the whole text
Footnotes
Contents
- 1Citation, commencement and interpretation
- 2Transitional provisions
- 3Transitional provisions
- 4Transitional provisions
- 5Transitional provisions
- 6Transitional provisions
- 7Transitional provisions
- Signature
- Explanatory note
1Citation, commencement and interpretation
This Order may be cited as the Insolvency (2002 Order) (Transitional Provisions) Order (Northern Ireland) 2003 and shall come into operation on 2nd February 2004.
In this Order, references to Articles and Schedules are references to Articles of, and Schedules to, the Insolvency (Northern Ireland) Order 2002.
2Transitional provisions
The transitional provisions in Articles 3 to 7 shall have effect.
3Transitional provisions
In a case where a proposal is made by a debtor and before the appointed day the intended nominee has endorsed a copy of the written notice of the proposal under Rule 5.05(3) of the Insolvency Rules the amendments made to the Insolvency (Northern Ireland) Order 1989 by Article 5 and Schedule 3 and the repeal made by Article 13 and Schedule 4 in respect of Article 229(1)(d) of the Insolvency (Northern Ireland) Order 1989 shall not apply and the provisions of the Insolvency (Northern Ireland) Order 1989 as they have effect immediately before the appointed day shall continue to have effect.
In this Article, “proposal” has the same meaning as it has in Article 227 of the Insolvency (Northern Ireland) Order 1989.
4Transitional provisions
The amendments made by Article 6(1) to Article 3 of the Insolvency (Northern Ireland) Order 1989 shall not apply in any case where –
a person acts as a nominee (within the meaning of Article 14(2) of the Insolvency (Northern Ireland) Order 1989) and that case falls within paragraph (1) of Article 7 of this Order; or
a person acts as a nominee (within the meaning of Article 227(2) of the Insolvency (Northern Ireland) Order 1989) and that case falls within paragraph (1) of Article 3 of this Order,
and in such cases Article 3 of the Insolvency (Northern Ireland) Order 1989 as it has effect immediately before the appointed day shall continue to have effect.
5Transitional provisions
In a case where a petition for an administration order has been presented before the appointed day the amendments made to Articles 23(1) and 24(3) of the Insolvency (Northern Ireland) Order 1989 by Article 7 shall not apply and Articles 23(1) and 24(3) of the Insolvency (Northern Ireland) Order 1989 as they have effect immediately before the appointed day shall continue to have effect.
6Transitional provisions
Where –
the High Court has directed a liquidator to refer a matter under Article 182(1) of the Insolvency (Northern Ireland) Order 1989,
a liquidator has reported a matter under Article 182(3) of the Insolvency (Northern Ireland) Order 1989, or
the High Court has directed a liquidator to make a report under Article 182(5) of the Insolvency (Northern Ireland) Order 1989,
before the appointed day, the amendments and repeals, as the case may be, made to Article 182 of the Insolvency (Northern Ireland) Order 1989 by Article 8 and Schedule 4 shall not apply and Article 182 of the Insolvency (Northern Ireland) Order 1989 as it has effect immediately before the appointed day shall continue to have effect.
7Transitional provisions
In a case where –
a proposal is made by the directors of a company and before the appointed day the intended nominee has endorsed a copy of the written notice of the proposal under Rule 1.04(3) of the Insolvency Rules;
a proposal is made by the liquidator or the administrator (acting as nominee) and before the appointed day the liquidator or administrator (as the case may be) has sent out a notice summoning the meetings under Article 16 of the Insolvency (Northern Ireland) Order 1989 as required by Rule 1.11 of the Insolvency Rules; or
a proposal is made by the liquidator or the administrator of a company (not acting as the nominee) and before the appointed day the intended nominee has endorsed a copy of the written notice of the proposal under Rule 1.12(2) of the Insolvency Rules,
the amendments made to the Insolvency (Northern Ireland) Order 1989 by Part I of Schedule 2 and the repeal made by Article 13 and Schedule 4 in respect of Article 18(2) and (3) of the Insolvency (Northern Ireland) Order 1989 shall not apply and the provisions of the Insolvency (Northern Ireland) Order 1989 as they have effect immediately before the appointed day shall continue to have effect.
The provisions of paragraph (1) shall –
apply in relation to building societiesf1 as they apply in relation to companies; and
in their application to building societies, have effect with the substitution for “company” of “building society”.
In this Article “proposal” has the same meaning as it has in Article 14(2) of the Insolvency (Northern Ireland) Order 1989.
Signature
Sealed with the Official Seal of the Department of Enterprise, Trade and Investment on 22nd December 2003.
L.S.
Michael J. Bohill
A senior officer of the
Department of Enterprise, Trade and Investment
Explanatory note
(This note is not part of the Order.)
The Insolvency (2002 Order) (Commencement) Order (Northern Ireland) 2003 (S.R. 2003 No. 545 (C. 40)) brings the Insolvency (Northern Ireland) Order 2002 (“the 2002 Order”) fully into operation on 2nd February 2004.
This Order makes transitional provisions in connection with the coming into operation of the 2002 Order.