{
  "url": "https://openlegislation.uk/insolvency-amendment-regulations-northern-ireland-2009/schedule/paragraph-1",
  "json_url": "https://openlegislation.uk/insolvency-amendment-regulations-northern-ireland-2009/schedule/paragraph-1.json",
  "legislation": "nisr/2009/202",
  "legislation_title": "The Insolvency (Amendment) Regulations (Northern Ireland) 2009",
  "legislation_url": "https://openlegislation.uk/insolvency-amendment-regulations-northern-ireland-2009",
  "path": "schedule/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": "Amendment of regulation 3",
  "text": "After regulation 3A of the principal Regulations there shall be inserted the following—\n“Payment of unclaimed dividends or other money\n3B. (1) This regulation applies to monies which—\n(a) are held by the former administrator of a dissolved company; and\n(b) represent either or both of the following—\n(i) unclaimed dividends due to creditors, or\n(ii) sums held by the company in trust in respect of dividends or other sums due to any person as a member or former member of the company.\n(2) Any monies to which this regulation applies may be paid into the Insolvency Account.\n(3) Where under this regulation the former administrator pays any sums into the Insolvency Account, he shall at the same time give notice to the Department of—\n(a) the name of the company;\n(b) the name and address of the person to whom the dividend or other sum is payable;\n(c) the amount of the dividend or other sum; and\n(d) the date on which it was paid.\n(4) Where a dividend or other sum is paid to a person by way of a payment instrument, any payment into the Insolvency Account in respect of that dividend or sum pursuant to paragraph (2) may not be made earlier than on or after the expiry of 6 months from the date of the payment instrument.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/2009/202/schedule/paragraph/1",
    "retrieved_at": "2026-10-29T01:31:42.299479+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."
}