Paragraph 48 I1
Northern Ireland Not yet in force
(1)
Modified Article 119 (set out in paragraph 15) is amended as follows.
(2)
In paragraph (4), for the words from “he has no duty” to the end substitute “Article 116(5)(a) and (b) do not apply.”.
(3)
After paragraph (4) insert—
“(5)Where—
(a)a person has been appointed under this Article to be the responsible insolvency practitioner of an insolvent partnership, and
(b)an insolvency order is subsequently made against another insolvent member by virtue of Article 8 of the Insolvent Partnerships Order (Northern Ireland) 1995,
that practitioner is also to be the responsible insolvency practitioner of that other member.”.
Annotations
Commencement
- I1
Sch. 4 para. 48 not in operation at Royal Assent, see s. 120(02)