Insolvency Act 2000 Explanatory Notes

  • Explanatory Notes Table of contents

  1. Introduction

  2. Summary

  3. Background

    1. Moratorium in company voluntary arrangements

    2. Disqualification Undertakings

    3. Right of peaceable re-entry under Administration Order and Individual Voluntary Arrangement procedure

    4. Reports by liquidators of criminal misconduct by company officers or members

    5. Restriction on use of answers obtained under compulsion

    6. Property of deceased insolvents

    7. Bankruptcy: Interest on sums held in Insolvency Services Account

    8. Model law on cross-border insolvency

  4. The Act

  5. Commentary on Sections

    1. Section 1: Moratorium where directors propose voluntary arrangement

    2. Section 2: Company voluntary arrangements

    3. Section 3: Individual voluntary arrangements

    4. Section 4: Qualification or authorisation of nominees and supervisors

    5. Section 5: Disqualification Orders

    6. Section 6: Disqualification undertakings

    7. Section 7: Effect of Northern Irish disqualifications

    8. Section 8: Amendments

    9. Section 9: Administration Orders

    10. Section 10: Investigation and prosecution of malpractice

    11. Section 11: Restriction on use of answers obtained under compulsion

    12. Section 12: Insolvent estates of deceased persons

    13. Section 13: Bankruptcy: Interest on sums held in Insolvency Services Account

    14. Section 14: Model law on cross-border insolvency

    15. Section 15: Amendments of Financial Services and Markets Act 2000 and repeals

    16. Section 17: Extent

    17. Schedule 1: Moratorium where directors propose voluntary arrangement

    18. Schedule 2: Company voluntary arrangements

      1. Part I – Amendments of the Insolvency Act 1986

      2. Part II: Amendments of the Building Societies Act 1986

    19. Schedule 3: Individual voluntary arrangements

    20. Schedule 4 Part I: Minor and consequential amendments about disqualification of company directors etc.

      1. Part II: Consequential amendments of other enactments

  6. Commencement

  • Explanatory Notes Table of contents

Back to top