Schedule MONETARY AMOUNTS FOR PURPOSES OF SECOND GROUP OF PARTS OF INSOLVENCY ACT 1986
Original text. Later amendments are not shown.
| Section of the Act (1) | Short Description (2) | Monetary Amount (3) |
|---|
| 273(1)(a) | Maximum level of unsecured bankruptcy debts on debtor’s petition for case to be referred to insolvency practitioner to assess possibility of voluntary arrangement with creditors. | £40,000 |
| 273(1)(b) | Minimum potentital value of bankrupt’s estate for case to be referred as described above. | £4,000 |
| 313A(2) | Minimum value of interests in a dwelling-house for application by trustee for order for sale, possession or an order under section 313. | £1,000 |
| 346(3) | Minimum amount of judgment, determining whether amount recovered on sale of debtor’s goods is to be treated as part of his estate in bankruptcy. | £1,000 |
| 354(1) and (2) | Minimum amount of concealed debt, or value of property concealed or removed, determining criminal liability under the section. | £1,000 |
| 358 | Minimum value of property taken by a bankrupt out of England and Wales, determining his criminal liability. | £1,000 |
| 360(1) | Maximum amount of credit which bankrupt may obtain without disclosure of his status. | £500 |
| 364(2)(d) | Minimum value of goods removed by the bankrupt, determining his liability to arrest. | £1,000 |