# Insolvency Act 1986, Section 417: Money sum in s. 222.


The Secretary of State may by regulations in a statutory instrument increase or reduce the money sum for the time being specified in section 222(1) (minimum debt for service of demand on unregistered company by unpaid creditor); but such regulations shall not be made unless a draft of the statutory instrument containing them has been approved by resolution of each House of Parliament.

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Source: https://www.legislation.gov.uk/ukpga/1986/45/section/417 (the official version)
Page: https://openlegislation.uk/insolvency-act-1986/section-417
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.