{
  "url": "https://openlegislation.uk/insolvency-monetary-limits-amendment-order-northern-ireland-2024/article-3",
  "json_url": "https://openlegislation.uk/insolvency-monetary-limits-amendment-order-northern-ireland-2024/article-3.json",
  "legislation": "nisr/2024/152",
  "legislation_title": "The Insolvency (Monetary Limits) (Amendment) Order (Northern Ireland) 2024",
  "legislation_url": "https://openlegislation.uk/insolvency-monetary-limits-amendment-order-northern-ireland-2024",
  "path": "article/3",
  "kind": "article",
  "number": "3",
  "heading": "Amendments to Part 1 of the Schedule to the principal Order",
  "text": "Column 3 (monetary amount) of Part 1 of the Schedule to the principal Order is amended as follows–\n(a) in the entry for the maximum amount of a person’s debts, for “£20,000” substitute “£50,000”.\n(b) in the entry for the maximum amount of monthly surplus income, for “£50” substitute “£75”.\n(c) in the entry for the maximum total value of property, for “£1,000” substitute “£2,000”.",
  "extent": "N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Art. 3 in operation at 8.7.2024, see art. 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/2024/152/article/3",
    "retrieved_at": "2026-10-29T00:28:03.004792+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."
}