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The Insolvency Amendment (EU 2015/848) Regulations 2017

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Amendments to the Insolvency (Northern Ireland) Order 1989U.K.

This section has no associated Explanatory Memorandum

96.—(1) The Insolvency (Northern Ireland) Order 1989(1) is amended as follows.

(2) In Article 2(2) (general interpretation)(2)—

(a)for ““the EC Regulation” means Council Regulation (EC) No 1346/2000;” substitute ““the EU Regulation” means Regulation (EU) 2015/848 of the European Parliament and of the Council;”; and

(b)in the appropriate places insert—

“EU insolvency proceedings” means insolvency proceedings as defined Article 2(4) of the EU Regulation"; and

“member State liquidator” means a person falling within the definition of “insolvency practitioner” in Article 2(3) of the EU Regulation appointed in respect of corporate insolvency proceedings listed in Annex A to the EU Regulation;.

(3) In Article 2A (proceedings under EC Regulation: modified definition of property)(3) and in the heading to that Article for “EC Regulation” substitute “EU Regulation”.

Commencement Information

I1Sch. para. 96 in force at 26.6.2017, see reg. 1

(2)

The definition of EC Regulation was inserted by S.R. 2002/223.

(3)

Article 2A was inserted by S.R. 2002/334.

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