Rule 7 Amendment to the principal RulesI1

After the definition of “authorised deposit-taker” insert—

• ““authenticate” means to authenticate in accordance with Rule A1.34 (Authentication of applications, notices and statements)”.

After the definition of “the court” insert—

• ““debt”, in relation to meetings in respect of a moratorium under Part 1A of the Order means (subject to Rule A1.50 (Liabilities in tort)) any of the following—

  1. (a)

     any debt or liability to which the company is subject at the date of the meeting;

  2. (b)

     any debt or liability to which the company may become subject after the date of the meeting by reason of any obligation incurred before that date;

  3. (c)

     any interest provable as mentioned in Rule A1.68 (Interest);”.

After the definition of “the hearing date” insert—

• ““identification details” and similar references to information identifying persons or proceedings etc in Part 1A of the Order or Part A1 are to be interpreted in accordance with Rule A1.35 (Information required to identify persons and proceedings etc);”.

After the definition of “the insolvent estate” insert—

• ““IP number” means the identifying number or reference issued to the insolvency practitioner by a professional body recognised under Article 350 (Recognised professional bodies) of the Order;”.

After the definition of “Master” insert—

• ““office-holder” means a person who under the Order or these Rules holds an office in relation to insolvency proceedings and includes a nominee;”.

After the definition of “sealed” insert—

• ““standard contents” means—

  1. (a)

     for a document to be delivered to the registrar, the standard contents set out in Chapter 14 of Part A1;

  2. (b)

     for a document to be delivered to other persons, the standard contents set out in Chapter 15 of Part A1;”.