{
  "url": "https://openlegislation.uk/insolvency-monetary-limits-order-northern-ireland-1991/schedule",
  "json_url": "https://openlegislation.uk/insolvency-monetary-limits-order-northern-ireland-1991/schedule.json",
  "legislation": "nisr/1991/386",
  "legislation_title": "The Insolvency (Monetary Limits) Order (Northern Ireland) 1991",
  "legislation_url": "https://openlegislation.uk/insolvency-monetary-limits-order-northern-ireland-1991",
  "path": "schedule",
  "kind": "schedule",
  "number": null,
  "heading": "Monetary limits for purposes of Part IX of the Insolvency (Northern Ireland) Order 1989",
  "text": "Column 1 Article of the Order\nColumn 2 Short Description\nColumn 3 Monetary Limit\n247(1)(a)\nMaximum level of unsecured bankruptcy debts on debtor’s petition for case to be referred to insolvency practitioner to assess the possibility of voluntary arrangement with creditors.\n£20,000\n247(1)(b)\nMinimum potential value of bankrupt’s estate for case to be referred as described above.\n£2,000\n325(1)and(3)\nMinimum amount of concealed debt, or value of property concealed or removed, determining criminal liability under the Article.\n£500\n329(1)\nMinimum value of property taken by a bankrupt out of Northern Ireland determining his criminal liability.\n£500\n333(1)\nMaximum amount of credit which bankrupt may obtain without disclosure of his status.\n£250\n332(2)\nExemption of bankrupt from criminal liability for failure to keep proper accountancy records, if unsecured liabilities not more than the prescribed minimum.\n£20,000\n335(2)(d)\nMinimum value of goods removed by the bankrupt, determining his liability to arrest.\n£500",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "sum substututed",
      "affecting": "nisr/2024/152",
      "affecting_title": "The Insolvency (Monetary Limits) (Amendment) Order (Northern Ireland) 2024"
    },
    {
      "type": "sum substututed",
      "affecting": "nisr/2024/152",
      "affecting_title": "The Insolvency (Monetary Limits) (Amendment) Order (Northern Ireland) 2024"
    },
    {
      "type": "sum substututed",
      "affecting": "nisr/2024/152",
      "affecting_title": "The Insolvency (Monetary Limits) (Amendment) Order (Northern Ireland) 2024"
    },
    {
      "type": "sum substituted",
      "affecting": "nisr/2016/418",
      "affecting_title": "The Insolvency (Monetary Limits) (Amendment) Order (Northern Ireland) 2016"
    },
    {
      "type": "sum substituted",
      "affecting": "nisr/2016/418",
      "affecting_title": "The Insolvency (Monetary Limits) (Amendment) Order (Northern Ireland) 2016"
    },
    {
      "type": "substituted",
      "affecting": "nisr/2011/110",
      "affecting_title": "The Insolvency (Monetary Limits) (Amendment) Order (Northern Ireland) 2011"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/1991/386/schedule",
    "retrieved_at": "2026-10-29T03:00:47.769149+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."
}