{
  "url": "https://openlegislation.uk/insolvency-amendment-act-northern-ireland-2026/section-3",
  "json_url": "https://openlegislation.uk/insolvency-amendment-act-northern-ireland-2026/section-3.json",
  "legislation": "nia/2026/6",
  "legislation_title": "Insolvency (Amendment) Act (Northern Ireland) 2026",
  "legislation_url": "https://openlegislation.uk/insolvency-amendment-act-northern-ireland-2026",
  "path": "section/3",
  "kind": "section",
  "number": "3",
  "heading": "Power for liquidator or administrator to assign causes of action",
  "text": "After Article 208ZC (inserted by section 2) insert—\n“Power to assign certain causes of action\nPower to assign\n208ZD. (1) This Article applies in the case of a company where—\n(a) the company enters administration, or\n(b) the company goes into liquidation;\nand “the office holder” means the administrator or the liquidator, as the case may be.\n(2) The office-holder may assign a right of action (including the proceeds of an action) arising under or by virtue of any of the following—\n(a) Article 13FA (challenges to monitor remuneration in subsequent insolvency proceedings);\n(b) Article 177 or 208ZA (fraudulent trading);\n(c) Article 178 or 208ZB (wrongful trading);\n(d) Article 202 (transactions at an undervalue);\n(e) Article 203 (preferences);\n(f) Article 206 (extortionate credit transactions).”.",
  "extent": "N.I.",
  "status": "prospective",
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "S. 3 not in operation at Royal Assent, see s. 120(02)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nia/2026/6/section/3",
    "retrieved_at": "2026-10-29T20:18:58.712686+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}