{
  "url": "https://openlegislation.uk/insolvency-amendment-rules-northern-ireland-2023/rule-31",
  "json_url": "https://openlegislation.uk/insolvency-amendment-rules-northern-ireland-2023/rule-31.json",
  "legislation": "nisr/2023/15",
  "legislation_title": "The Insolvency (Amendment) Rules (Northern Ireland) 2023",
  "legislation_url": "https://openlegislation.uk/insolvency-amendment-rules-northern-ireland-2023",
  "path": "rule/31",
  "kind": "rule",
  "number": "31",
  "heading": "Amendment of Part 4",
  "text": "In Rule 4.228C (Litigation expenses and property subject to a floating charge - request for approval or authorisation) for paragraph (4)(c) substitute—\n“(c) notice to—\n(i) each preferential creditor; and\n(ii) each creditor of the kind described in Rule 4.228A(1)(b)(ai);\nthat approval or authorisation of the specified amount will be taken to be given where a majority in value of those creditors referred to in sub-paragraphs (i) and (ii) who respond within the specified time limit are in favour of it; or”.",
  "extent": "N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Rule 31 in operation at 13.3.2023, see rule 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/2023/15/rule/31",
    "retrieved_at": "2026-10-29T00:32:30.137972+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."
}