SCHEDULES

F1SCHEDULE 4A

Annotations:
Amendments (Textual)
F1

Sch. 4A inserted (1.4.2004) by 2002 c. 40, ss. 257(2), 279, Sch. 20 (with s. 249(6)); S.I. 2003/2093, art. 2(2), Sch. 2 (subject to arts. 3-8 (as amended by S.I. 2003/2332, art. 2))

5Interim bankruptcy restrictions order

1

This paragraph applies at any time between—

a

the institution of an application for a bankruptcy restrictions order, and

b

the determination of the application.

2

The court may make an interim bankruptcy restrictions order if the court thinks that—

a

there are prima facie grounds to suggest that the application for the bankruptcy restrictions order will be successful, and

b

it is in the public interest to make an interim order.

3

An interim order may be made only on the application of—

a

the Secretary of State, or

b

the official receiver acting on a direction of the Secretary of State.

4

An interim order—

a

shall have the same effect as a bankruptcy restrictions order, and

b

shall come into force when it is made.

5

An interim order shall cease to have effect—

a

on the determination of the application for the bankruptcy restrictions order,

b

on the acceptance of a bankruptcy restrictions undertaking made by the bankrupt, or

c

if the court discharges the interim order on the application of the person who applied for it or of the bankrupt.