# Insolvency (Amendment) Act (Northern Ireland) 2026, Paragraph 76

Extent: N.I.
Status: prospective

(1) Modified Article 271 (set out in paragraph 15) is amended as follows.
(2) At the end of paragraph (1), add “or by a decision of the creditors of the members and of the partnership made by a creditors’ decision procedure instigated specially for that purpose in accordance with the rules.”.
(3) After paragraph (1) insert—
“(1A) Where the official receiver is trustee or a trustee is appointed by the Department or by the High Court, a creditors’ decision procedure may be instigated for the purpose of removing the trustee only if—
(a) the trustee thinks fit,
(b) the High Court so directs, or
(c) one of the creditors of the members or the partnership so requests, with the concurrence of not less than one-quarter, in value, of the creditors (including the creditor making the request).
(1B) Where the creditors of the members and the partnership decide to remove a trustee, they may in accordance with the rules appoint another person as trustee in his place.
(1C) Where the decision to remove a trustee is made under paragraph (1A), the decision does not take effect until the creditors of the members and the partnership appoint another person as trustee in his place.”.
(4) For paragraph (6) substitute—
“(6) A trustee who, under Article 304, has produced an account of the winding up of a partnership business and administration of the partnership property, or an account of the administration of a member’s estate, vacates office in relation to the partnership, or that member’s estate, immediately upon complying with the requirements of Article 304(3) in relation to the partnership or (as the case may be) the estate.”.

---
Source: https://www.legislation.gov.uk/nia/2026/6/schedule/4/paragraph/76 (the official version)
Page: https://openlegislation.uk/insolvency-amendment-act-northern-ireland-2026/schedule-4/paragraph-76
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.