xmlns:atom="http://www.w3.org/2005/Atom"

SCHEDULES

SCHEDULE 19Adjudicators: minor and consequential amendments

7For section 265 (conditions to be satisfied in respect of debtor) substitute—

265Creditor’s petition: debtors against whom the court may make a bankruptcy order

(1)A bankruptcy petition may be presented to the court under section 264(1)(a) only if—

(a)the centre of the debtor’s main interests is in England and Wales, or

(b)the centre of the debtor’s main interests is not in a member state of the European Union which has adopted the EC Regulation, but the test in subsection (2) is met.

(2)The test is that—

(a)the debtor is domiciled in England and Wales, or

(b)at any time in the period of three years ending with the day on which the petition is presented, the debtor—

(i)has been ordinarily resident, or has had a place of residence, in England and Wales, or

(ii)has carried on business in England and Wales.

(3)The reference in subsection (2) to the debtor carrying on business includes—

(a)the carrying on of business by a firm or partnership of which the debtor is a member, and

(b)the carrying on of business by an agent or manager for the debtor or for such a firm or partnership.

(4)In this section, references to the centre of the debtor’s main interests have the same meaning as in Article 3 of the EC Regulation.