# Insolvency (Amendment) Act (Northern Ireland) 2026, Paragraph 28

Extent: N.I.
Status: prospective

In modified paragraph 98 of Schedule B1 (set out in paragraph 50), for sub-paragraphs (2) and (3) substitute—
“(2) The administrator may be replaced by a decision of the creditors made by a qualifying decision procedure.
(3) The decision has effect only if, before the decision is made, the new administrator has consented to act in writing.”.

---
Source: https://www.legislation.gov.uk/nia/2026/6/schedule/4/paragraph/28 (the official version)
Page: https://openlegislation.uk/insolvency-amendment-act-northern-ireland-2026/schedule-4/paragraph-28
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.