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Rule 2.1 Introductory and interpretationF1

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

  • rule 4.54(5-CVL) substituted for rule 4.54(5) by Insolvency 2010 Sch. 1 para. 179(5)
(1)

In this Part—

(a)

Chapter 2 applies in relation to the appointment of an administrator by the court;

(b)

Chapter 3 applies in relation to the appointment of an administrator by the holder of a qualifying floating charge under paragraph 14;

(c)

Chapter 4 applies in relation to the appointment of an administrator by the company or the directors under paragraph 22;

(d)

The following Chapters apply in all the cases mentioned in sub-paragraphs (a)-(c) above:

  • Chapter 5: Process of administration;

  • Chapter 6: Meetings and reports;

  • Chapter 7: The creditors' committee;

  • Chapter 8: Disposal of charged property;

  • Chapter 9: Expenses of the administration;

  • Chapter 10: Distributions to creditors;

  • Chapter 11: The administrator;

  • Chapter 12: Ending administration;

  • Chapter 13: Replacing administrator;

  • Chapter 14: EC Regulation—conversion of administration into winding up;

  • Chapter 15: EC Regulation—member State liquidator.

(2)

In this Part of these Rules a reference to a numbered paragraph shall, unless otherwise stated, be to the paragraph so numbered in Schedule B1 to the Act.

Annotations

Textual amendments

F1

Pt. 2 substituted (15.9.2003) by The Insolvency (Amendment) Rules 2003 (S.I. 2003/1730), rule 1(2), Sch. 1 para. 9 (with rule 5(2)-(4))