{
  "url": "https://openlegislation.uk/insolvency-monetary-limits-amendment-order-northern-ireland-2016/note",
  "json_url": "https://openlegislation.uk/insolvency-monetary-limits-amendment-order-northern-ireland-2016/note.json",
  "legislation": "nisr/2016/418",
  "legislation_title": "The Insolvency (Monetary Limits) (Amendment) Order (Northern Ireland) 2016",
  "legislation_url": "https://openlegislation.uk/insolvency-monetary-limits-amendment-order-northern-ireland-2016",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Order)\nThis Order makes amendments to the Insolvency (Monetary Limits) Order (Northern Ireland) 1991 (“the Principal Order”).\nArticle 3 increases the maximum amount of debt and maximum total value of property which a person may have in order to be eligible for a debt relief order. Property excludes a debtor’s domestic motor vehicle up to a value of £1,000 (see Rule 5A, paragraph 14 of the Insolvency Rules (Northern Ireland) 1991.\nArticle 4 provides that the increases apply only to applications made to the official receiver on or after the day on which this Order comes into operation.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/2016/418/note",
    "retrieved_at": "2026-10-29T00:53:54.988743+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."
}