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Insolvency Act 1986, Section 374 is up to date with all changes known to be in force on or before 28 April 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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(1)The Lord Chancellor may [F1, with the concurrence of the Lord Chief Justice,] by order designate the areas which are for the time being to be comprised, for the purposes of the Parts in this Group, in the London insolvency district and the insolvency district [F2, or districts, of the county court.]
(2)An order under this section may contain such incidental, supplemental and transitional provisions as may appear to the Lord Chancellor [F3and the Lord Chief Justice] necessary or expedient.
(3)An order under this section shall be made by statutory instrument and, after being made, shall be laid before each House of Parliament.
(4)Subject to any order under this section—
(a)the district which, immediately before the appointed day, is the London bankruptcy district becomes, on that day, the London insolvency district;
(b)any district which immediately before that day is the bankruptcy district of a county court becomes, on that day, the insolvency district of that court, and
(c)any county court which immediately before that day is excluded from having jurisdiction in bankruptcy is excluded, on and after that day, from having jurisdiction for the purposes of the Parts in this Group.
[F4(5)The Lord Chief Justice may nominate a judicial office holder (as defined in section 109(4) of the Constitutional Reform Act 2005) to exercise his functions under this section.]
Textual Amendments
F1Words in s. 374(1) inserted (3.4.2006) by Constitutional Reform Act 2005 (c. 4), ss. 15(1), 148, Sch. 4 para. 187(2); S.I. 2006/1014, art. 2(a), Sch. 1
F2Words in s. 374(1) substituted (22.4.2014) by Crime and Courts Act 2013 (c. 22), s. 61(3), Sch. 9 para. 93(g); S.I. 2014/954, art. 2(c) (with art. 3) (with transitional provisions and savings in S.I. 2014/956, arts. 3-11)
F3Words in s. 374(2) inserted (3.4.2006) by Constitutional Reform Act 2005 (c. 4), ss. 15(1), 148, Sch. 4 para. 187(3); S.I. 2006/1014, art. 2(a), Sch. 1
F4S. 374(5) inserted (3.4.2006) by Constitutional Reform Act 2005 (c. 4), ss. 15(1), 148, Sch. 4 para. 187(4); S.I. 2006/1014, art. 2(a), Sch. 1
Modifications etc. (not altering text)
C1S. 374 applied (with modifications) by S.I. 1986/1999, art. 3, Sch. 1 Pt. II
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