# Insolvency (Amendment) Act (Northern Ireland) 2026, Paragraph 6

Extent: N.I.
Status: prospective

In paragraph 52, for sub-paragraphs (1) to (3) substitute—
“(1) The administrator must seek a decision from the company’s creditors as to whether they approve the proposals set out in the statement made under paragraph 50(1).
(2) The initial decision date for that decision must be within the period of 10 weeks beginning with the day on which the company enters administration.
(3) The “initial decision date” for that decision—
(a) if the decision is initially sought using the deemed consent procedure, is the date on which a decision will be made if the creditors by that procedure approve the proposals, and
(b) if the decision is initially sought using a qualifying decision procedure, is the date on or before which a decision will be made if it is made by that qualifying decision procedure (assuming that date does not change after the procedure is instigated).”.

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Source: https://www.legislation.gov.uk/nia/2026/6/schedule/1/paragraph/6 (the official version)
Page: https://openlegislation.uk/insolvency-amendment-act-northern-ireland-2026/schedule-1/paragraph-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.