# Insolvency (Amendment) Act (Northern Ireland) 2026, Section 31: Directors’ statement of affairs to creditors

Extent: N.I.
Status: prospective

(1) Article 85 (directors to lay statement of affairs before creditors) is amended as follows.
(2) For paragraph (1) substitute—
“(1) The directors of the company must, before the end of the period of 7 days beginning with the day after the day on which the company passes a resolution for voluntary winding up—
(a) make out a statement in the prescribed form as to the affairs of the company, and
(b) send the statement to the company’s creditors.”.
(3) For paragraph (3) substitute—
“(3) If the directors without reasonable excuse contravene paragraph (1) or (2), they are guilty of an offence.”.

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Source: https://www.legislation.gov.uk/nia/2026/6/section/31 (the official version)
Page: https://openlegislation.uk/insolvency-amendment-act-northern-ireland-2026/section-31
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.