# The Insolvency (Amendment) Rules (Northern Ireland) 2023, Rule 31: Amendment of Part 4

Extent: N.I.

In Rule 4.228C (Litigation expenses and property subject to a floating charge - request for approval or authorisation) for paragraph (4)(c) substitute—
“(c) notice to—
(i) each preferential creditor; and
(ii) each creditor of the kind described in Rule 4.228A(1)(b)(ai);
that 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”.

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Source: https://www.legislation.gov.uk/nisr/2023/15/rule/31 (the official version)
Page: https://openlegislation.uk/insolvency-amendment-rules-northern-ireland-2023/rule-31
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.