Paragraph 46 Interpretation for Part 21I1

United Kingdom

In rule 21.1—

(a)

for the definition of “winding-up proceedings” substitute—

““winding-up proceedings” means insolvency proceedings listed in the United Kingdom entry in Annex A to the EU Regulation other than voluntary arrangements where they relate to individuals, bankruptcy or sequestration;”

(b)

in the definition of “conversion into winding-up proceedings”—

(i)

for the words “Article 37 of the EC Regulation (conversion of earlier proceedings)” substitute “Article 51 of the EU Regulation (conversion of secondary insolvency proceedings)”; and

(ii)

for “that—” to the end of sub-paragraph (c) substitute “that winding-up proceedings of one kind are converted into winding-up proceedings of another kind.”.

Annotations

Commencement

I1: Sch. para. 46 in force at 26.6.2017, see reg. 1

Notes on Part 2

Commencement

I1: Sch. para. 33 in force at 26.6.2017, see reg. 1
I2: Sch. para. 34 in force at 26.6.2017, see reg. 1