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The Insolvency Act 1986, Section 72A (Appointed Date) Order 2003

S.I. 2003/2095 · Made 8 August 2003

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

INSOLVENCY

COMPANIES

Made 8th August 2003

The Secretary of State, in the exercise of the powers conferred on her by section 72A of the Insolvency Act 1986f1 hereby makes the following Order:

Annotations to the whole text

Footnotes

f1

1986 c. 45. Section 72A is inserted into the Insolvency Act 1986 by section 250 of the Enterprise Act 2002 (c. 40).

Contents

  1. 1Citation and commencement
  2. 2Appointed date
  3. Signature
  4. Explanatory note

1Citation and commencement

This Order may be cited as the Insolvency Act 1986, Section 72A (Appointed Date) Order 2003.

2Appointed date

The date appointed under section 72A(4)(a) of the Insolvency Act 1986 is 15th September 2003.

Signature

Nigel Griffiths,

Parliamentary Under-Secretary of State for Small Business and Enterprise,

Department of Trade and Industry

8th August 2003

Explanatory note

(This note is not part of the Order)

This Order provides the date required by section 72A(4)(a) of the Insolvency Act 1986 which is prospectively inserted by section 250 of the Enterprise Act 2002. Floating charges created on or after this date will be subject to the provisions of section 72A of the Insolvency Act 1986 prohibiting the appointment of administrative receivers unless it falls within one of the exceptions specified.