Article 89 Completion of enforcement in relation to bankruptcy and winding-upC1
For the purposes of Article 88, enforcement shall be deemed to be completed in relation to—
money paid to a creditor under an instalment order under Article 30 or Article 107(3), upon receipt of any such payment by the creditor;
seizure pursuant to an order of seizure under Article 31 or to an authorisation under Article 43, at the date of the sale of the property seized;
an order charging funds, stock or shares under Article 58, upon the service of a copy of the order on the registrar, authority, undertaking or company (as the case may be) under Article 59;
a vesting order for funds, stock or shares under Article 60, upon the service of a copy of the order on the registrar, authority, undertaking or company (as the case may be) under paragraph (2)( a) of that Article;
money paid under a debenture order under Article 61, upon receipt of any such payment by the creditor;
a partnership order, upon the making of the order;
money paid to a receiver under an order appointing a receiver under Article 67, upon receipt of any such payment by the receiver;
an attachment of debts order under Article 69, upon the receipt by the Office of any payment made by the garnishee or upon the making of an order for payment pursuant to Article 70(1), whichever first occurs;
money paid to the Office under an attachment of earnings order under Article 73, upon receipt of any such payment by the Office;
money paid to the Office under an administration order, upon receipt of any such payment by the Office; and
money directed to be paid to a receiver or other person by an order made under section 27 of the Crown Proceedings Act 1947 1947 c.44, upon receipt of any such payment by the receiver or other person.
Annotations
Modifications
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Arts. 88-94 applied (with modifications) (4.1.2024) by S.I. 2021/716, reg. 37A(3) (as inserted by The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023 (S.I. 2023/1399), regs. 1(2), 12)