# Insolvency (Amendment) Act (Northern Ireland) 2026, Section 58: Penalties for offences under the 1989 Order

Extent: N.I.
Status: prospective

(1) Schedule 7 (punishment of offences under the 1989 Order) is amended as follows.
(2) For the entries for Article 80(4) and (6) substitute—
“
80(4)
Liquidator failing to send to company members a copy of account of winding up.
Summary.
Level 3 on the standard scale.
-
80(5)
Liquidator failing to send to registrar a copy of account of winding up.
Summary.
Level 3 on the standard scale.
One-tenth of level 3 on the standard scale.
”.
(3) In the entry for Article 81(6)—
(a) in column 1, for “81(6)” substitute “81(7)”;
(b) in column 2, for “Article 81” substitute “Article 81(1) to (4)”.
(4) Omit the entry for Article 84(4).
(5) In the entry for Article 85(3), in column 2, for the words from “attend” to “meeting” substitute “send statement in prescribed form to creditors”.
(6) For the entries for Article 92(4) and (6) substitute—
“
92(5)
Liquidator failing to send to company members and creditors a copy of account of winding up.
Summary.
Level 3 on the standard scale.
-
92(6)
Liquidator failing to send to registrar a copy of account of winding up.
Summary.
Level 3 on the standard scale.
One-tenth of level 3 on the standard scale.
”.

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Source: https://www.legislation.gov.uk/nia/2026/6/section/58 (the official version)
Page: https://openlegislation.uk/insolvency-amendment-act-northern-ireland-2026/section-58
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.