Paragraph 144 Cross-Border Insolvency Regulations (Northern Ireland) 2007I1

United Kingdom

(1)

The Cross-Border Insolvency Regulations (Northern Ireland) 2007^f1 are amended as follows.

(2)

In Schedule 1 (Uncitral Model Law on Cross-border Insolvency) for Article 2(b) substitute—

“(b)
“the EU Insolvency Regulation” means Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015”.

(3)

In Schedule 2 (procedural matters in Northern Ireland) in paragraph (1)(1) (interpretation)—

(a)

in the definition of “main proceedings” for “EC Regulation” in each place where it occurs substitute “EU Insolvency Regulation” and for Article 2(a) substitute “Article 2(4)”;

(b)

for the definition of “member state liquidator” substitute—

““member State liquidator” means a person falling within the definition of “insolvency practitioner” in Article 2(5) of the EU Insolvency appointed in proceedings to which the Regulation applies in a member State other than the United Kingdom;”.

Paragraph 144 Cross-Border Insolvency Regulations (Northern Ireland) 2007I1

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Footnotes