Search Legislation

Advanced Search

The Insolvency (Northern Ireland) Order 1989

Status:

This is the original version (as it was originally made).

Explanatory Note

(This note is not part of the Order)

This Order—

(a)re-enacts with amendments the provisions of the Companies (Northern Ireland) Order 1986 relating to the winding up of companies (including the winding up of companies that are not insolvent, and of unregistered companies);

(b)makes new provision for voluntary arrangements which, in certain circumstances, may be made by companies with the agreement of creditors with the intention of avoiding an insolvent winding up;

(c)re-enacts with amendments the provisions relating to deeds of arrangement;

(d)makes new provision for the insolvency and bankruptcy of individuals;

(e)provides for revised preferential debts in company and personal insolvency;

(f)makes new provision with respect to the functions and qualifications of insolvency practitioners and restricts the officers in insolvency to qualified persons;

(g)makes provision for the public administration of insolvency;

(h)provides for the penalisation and redress of malpractice and wrongdoing;

(i)makes provision for the avoidance of certain transactions at an undervalue; and

(j)repeals the procedure of winding up of companies subject to the supervision of the High Court.

Back to top

Options/Help

Print Options

You have chosen to open The Whole Order

The Whole Order you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open The Whole Order as a PDF

The Whole Order you have selected contains over 200 provisions and might take some time to download.

Would you like to continue?

You have chosen to open the Whole Order

The Whole Order you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open the Whole Order without Schedules

The Whole Order without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open Schedules only

The Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as made version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources