The Insolvency (England and Wales) Rules 2016 (Consequential Amendments and Savings) Rules 2017
S.I. 2017/369 · Made 9 March 2017 · Extends to England and Wales
Insolvency
Made 9th March 2017
Laid before Parliament 13th March 2017
Coming into force 6th April 2017
The Lord Chancellor has consulted the committee that exists for the purposes of section 413 of the Insolvency Act 1986f1.
The Lord Chancellor, with the concurrence of the Secretary of State for Business, Energy and Industrial Strategy, in exercise of the powers conferred by sections 411 and 412 of the Insolvency Act 1986, makes the following rules.
Annotations to the whole text
Footnotes
- f1
-
1986 c.45. Relevant amendments to section 413 have been made by paragraph 190 of Schedule 4 to the Constitutional Reform Act 2005 (c.4).
Contents
- 1Citation and commencement
- 2Amendments consequential on the Insolvency (England and Wales) Rules 2016
- 3Savings in relation to special insolvency rules
- Signature
- Schedule 1: Consequential amendments to Acts of Parliament
- 1Solicitors Act 1974
- 2Administration of Justice Act 1985
- 3Insolvency Act 1986
- Schedule 2: Consequential amendments to subordinate legislation
- 1References to “Insolvency Rules 1986”
- 2Solicitors’ Recognised Bodies Order 1991
- 3Insolvent Companies (Disqualification of Unfit Directors) Proceedings Rules 1987
- 4Insolvency Regulations 1994
- 5Contracting Out (Functions of the Official Receiver) Order 1995
- 6Insurers (Winding Up) Rules 2001
- 7Pension Protection Fund (Entry Rules) Regulations 2005
- 8Civil Partnership (Treatment of Overseas Relationships) Order 2005
- 9Legal Services Act 2007 (Designation of a Licensing Authority) (No. 2) Order 2011
- 10Assets of Community Value (England) Regulations 2012
- 11Care and Support (Cross-border Placements) (Business Failure Duties of Scottish Local Authorities) Regulations 2014
- 12Compensation Orders (Disqualified Directors) Proceedings (England and Wales) Rules 2016
- Explanatory note
1Citation and commencementI1
These Rules may be cited as the Insolvency (England and Wales) Rules 2016 (Consequential Amendments and Savings) Rules 2017 and come into force on 6th April 2017.
2Amendments consequential on the Insolvency (England and Wales) Rules 2016I1
Schedule 1, which amends Acts of Parliament, has effect.
Schedule 2, which amends subordinate legislation, has effect.
3Savings in relation to special insolvency rulesI1
The Insolvency Rules 1986, as they had effect immediately before 6th April 2017, insofar as they apply to proceedings under the following instruments, continue to have effect for the purposes of the application of—
the Railway Administration Order 2001f1;
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
the Energy Act 2004f2;
the Energy Administration Rules 2005f3;
the PPP Administration Order Rules 2007f4;
the Water Industry (Special Administration) Rules 2009f5;
the Energy Act 2011f6;
the Charitable Incorporated Organisations (Insolvency and Dissolution) Regulations 2012f7;
the Energy Supply Company Administration Rules 2013f8; and
the Postal Administration Rules 2013f9.
Signature
Signed by the authority of the Lord Chancellor
Oliver Heald
Minister of State
Ministry of Justice
9th March 2017
I concur, on behalf of the Secretary of State
Margot James
Minister for Small Business, Consumer and Corporate Responsibility
Department for Business, Energy and Industrial Strategy
9th March 2017
1Solicitors Act 1974I1
In section 16(2A)(a) of the Solicitors Act 1974 (duration of suspension of practising certificates)f1, for “Rule 5A.16 of the Insolvency Rules 1986” substitute “Rule 9.18 of the Insolvency (England and Wales) Rules 2016”.
2Administration of Justice Act 1985I1
In section 18(2ZA) of the Administration of Justice Act 1985 (suspension or termination of licences)f1, for “Rule 5A.16 of the Insolvency Rules 1986” substitute “Rule 9.18 of the Insolvency (England and Wales) Rules 2016”.
3Insolvency Act 1986I1
In section 385(1) of the Insolvency Act 1986 (Second Group of Parts: miscellaneous definitions)f1, in the definition of “the Rules”, for “Insolvency Rules 1986” substitute “Insolvency (England and Wales) Rules 2016”.
1References to “Insolvency Rules 1986”I1
In each of the following provisions, for “Insolvency Rules 1986”, in each place it occurs, substitute “Insolvency (England and Wales) Rules 2016”.
2Solicitors’ Recognised Bodies Order 1991I1
In Schedule 1 to the Solicitor’s Recognised Bodies Order 1991f1, in the table headed “Statutory instruments which apply to recognised bodies”—
omit the entry for the Insolvency Rules 1986; and
insert in the relevant place—
“
S.I. 2016/1024 Insolvency (England and Wales) Rules 2016 The whole instrument except rules 7.7, 7.30, 7.106, 10.11, 10.103 and 12.19 ”.
3Insolvent Companies (Disqualification of Unfit Directors) Proceedings Rules 1987I1
The Insolvent Companies (Disqualification of Unfit Directors) Proceedings Rules 1987f1 are amended as follows.
For rule 1(2)(e), substitute—
“(e)“registrar” has the same meaning as in rule 1.2(2) of the Insolvency (England and Wales) Rules 2016, and”
In rule 2—
For sub-paragraph (4), substitute—
“(4)Rule 12.59 (appeals and reviews of court orders in corporate insolvency) and rule 12.62 (procedure on appeal) of the Insolvency (England and Wales) Rules 2016 apply.”
In sub-paragraph (5), for “The Insolvency Rules 1986” substitute “The Insolvency (England and Wales) Rules 2016”.
4Insolvency Regulations 1994I1
The Insolvency Regulations 1994f1 are amended as follows.
In regulation 3(1) (interpretation and application), in the definition of “the Rules”, for “the Insolvency Rules 1986” substitute “The Insolvency (England and Wales) Rules 2016”.
In regulation 14(3), for “rule 4.125(5)” in each of the places it appears substitute rules “7.69 and 7.70”.
In regulation 17(1), omit “whether the winding up has been concluded under Rule 4.223 or not,”.
In regulation 28(3), for “Rule 6.137(5)”, in the two places in which it appears, substitute “rule 10.87(7)”.
5Contracting Out (Functions of the Official Receiver) Order 1995I1
The Contracting Out (Functions of the Official Receiver) Order 1995f1 is amended as follows.
In rule 2(1) (interpretation)—
In the definition of “the insolvency legislation”, for “rule 12.1” substitute “Introductory Rule 5”.
For the definition of “the Rules” substitute ““the Rules” means the Insolvency (England and Wales) Rules 2016”.
In the Schedule—
Omit paragraph 3.
For paragraph 8, substitute—
“8.The functions of the official receiver—
(a)exercisable under rule 17.28(2) (functions of committee in winding up by court or bankruptcy exercisable by official receiver); or
(b)in relation to the hearing of an application made under—
(i)section 280 (discharge by order of the court);
(ii)rule 7.44(2) (application to court for a release or extension of time in respect of statement of affairs in a winding up by the court); or
(iii)rule 10.58(2) (application to court by bankrupt for a release or extension of time in respect of statement of affairs).”
Omit paragraph 11.
In paragraph 14—
In sub-paragraph (d), for “rule 4.36(5)” substitute “rule 7.44(6)(a)”;
In sub-paragraph (e), for “rule 6.62(5)” substitute “rule 10.58(6)(a)”; and
In sub-paragraph (f), for “rule 6.215(2)” substitute “rule 10.142(2)”.
Omit paragraph 21.
6Insurers (Winding Up) Rules 2001I1
The Insurers (Winding Up) Rules 2001f1 are amended as follows.
In rule 2(1), in the definition of “the principal rules,” for “the Insolvency Rules 1986” substitute “the Insolvency (England and Wales) Rules 2016”.
In rule 19, for “rule 4.207 of the principal rules (security) applies” substitute “rules 5.18 (security by the liquidator and special manager in a members’ voluntary winding up), 6.38 (security in a creditors’ voluntary winding up) and 7.94 (winding up by the court) of the principal rules apply”.
In rule 23(2) (dividends for creditors), for “Part II” substitute “Part III”.
In rule 26(1), for “rule 4.218 of the principal rules (general rule as to priority) applies” substitute “rules 6.42 (general rule as to priority in a creditors’ winding up) and 7.108 (general rule as to priority in a winding up by the court) of the principal rules apply”.
7Pension Protection Fund (Entry Rules) Regulations 2005I1
The Pension Protection Fund (Entry Rules) Regulations 2005f1 are amended as follows.
In regulation 1 (citation, commencement and interpretation), paragraph 3, omit the definition of “the Insolvency Rules”.
In regulation 5(1)(a)(iii) (prescribed insolvency events), for “Rule 2.132 of the Insolvency Rules (conversion of administration to winding up – power of court)” substitute “rule 21.3 of the Insolvency (England and Wales) Rules 2016 (conversion into winding up proceedings or bankruptcy: court order)”.
In regulation 5(1)(aa)(i) (prescribed insolvency events), for “Insolvency Rules” substitute “Insolvency Rules 1986”.
In regulation 6(1)(a)(iii) (circumstances in which insolvency proceedings in relation to the employer are stayed or come to an end), for “Rule 2.132 of the Insolvency Rules (conversion of administration to winding up – power of court)” substitute “rule 21.3 of the Insolvency (England and Wales) Rules 2016 (conversion into winding up proceedings or bankruptcy: court order)”.
In regulation 6(1)(c)(iii)(bb), for “the Insolvency Rules” substitute “the Insolvency Rules 1986”.
8Civil Partnership (Treatment of Overseas Relationships) Order 2005I1
For article 2(e)(ii) (overseas relationships dissolved etc. before commencement treated as civil partnerships) of the Civil Partnership (Treatment of Overseas Relationships) Order 2005f1, substitute—
“(ii)(rules 10.167 (bankrupt’s home: property falling within section 283A), 10.168 (application in relation to the vesting of an interest in a dwelling-house (registered land), 10.169 (vesting of bankrupt’s interest (unregistered land)) and 10.171 (charging order) of the Insolvency (England and Wales) Rules 2016f2.”
9Legal Services Act 2007 (Designation of a Licensing Authority) (No. 2) Order 2011I1
The Legal Services Act 2007 (Designation as a Licensing Authority) (No. 2) Order 2011f1 is amended as follows.
In the table in Schedule 2f2—
omit the entry for the Insolvency Rules 1986; and
insert in the relevant place—
“
Insolvency (England and Wales) Rules 2016 (S.I. 2016/1024) The whole instrument except rules 7.6, 7.105, 10.10, 10.103 and 12.20 ”.
10Assets of Community Value (England) Regulations 2012I1
In Schedule 3 (relevant disposals to which section 95(1) of the Act does not apply) of the Assets of Community Value (England) Regulations 2012f1, for paragraph 7 substitute—
11Care and Support (Cross-border Placements) (Business Failure Duties of Scottish Local Authorities) Regulations 2014I1
In regulation 4(1)(j) of the Care and Support (Cross-border Placements) (Business Failure Duties of Scottish Local Authorities) Regulations 2014f1, for “rule 2.12 (conversion of administration to winding up – power of court) of the Insolvency Rules 1986” substitute “rule 21.3 (conversion into winding up proceedings or bankruptcy: court order) of the Insolvency (England and Wales) Rules 2016.
12Compensation Orders (Disqualified Directors) Proceedings (England and Wales) Rules 2016I1
The Compensation Orders (Disqualified Directors) Proceedings (England and Wales) Rules 2016f1 are amended as follows.
In rule 1(3) (citation, commencement and interpretation), for the entry for “registrar,” substitute—
““registrar” has the same meaning as in rule 1.2(2) of the Insolvency (England and Wales) Rules 2016”
For rule 3 (form and conduct of applications), sub-paragraph (5) substitute—
“(5)Rule 12.49 (appeals and reviews of court orders in corporate insolvency) and rule 12.61 (procedure on appeal) of the Insolvency (England and Wales) Rules 2016 apply to applications under these rules.”
Explanatory note
(This note is not part of the Rules)
These Rules make consequential amendments and savings provisions in relation to the Insolvency (England and Wales) Rules 2016 (S.I. 2016/1024).
Rule 2 introduces Schedule 1 and rule 3 introduces Schedule 2. These schedules make amendments to primary and subordinate legislation respectively.
Rule 4 make savings provision for certain insolvency regimes where, if not for the saving, amendments would be required in consequence of the repeal of the Insolvency Rules 1986 (S.I. 1986/1925).
No impact assessment has been prepared for these Rules as no impact on the private or voluntary sectors is foreseen.
An Explanatory Memorandum has been prepared and is available alongside these Rules at www.legislation.gov.uk.