Section 107 Amendments of the 1995 OrderI1

This Part amends the Insolvent Partnerships Order (Northern Ireland) 1995, which makes provision about insolvent partnerships (including applying with modifications the Insolvency (Northern Ireland) Order 1989 and the Company Directors Disqualification (Northern Ireland) Order 2002).

In this Part “the 1995 Order” means the Insolvent Partnerships Order (Northern Ireland) 1995.

The amendments made by this Part are without prejudice to any power conferred by any statutory provision to amend, modify or revoke the 1995 Order.

The amendments made by this Part do not apply in relation to any case in which a winding-up or bankruptcy order was made in relation to a partnership or an insolvent member of a partnership before this Part came into operation.

Where winding-up or bankruptcy proceedings were pending in relation to a partnership or an insolvent member of a partnership immediately before this Part came into operation, either—

For the purpose of subsection (5), winding-up or bankruptcy proceedings are pending if a statutory or written demand has been served or a winding-up or bankruptcy petition has been presented.