SCHEDULES
SCHEDULE 18Amendments relating to Article 15(1) to (4) etc
PART 3Orders in Council
Insolvency (Northern Ireland) Order 1989
141
Amend the Insolvency (Northern Ireland) Order 1989589 as follows.
142
1
Amend Article 359 (insolvency rules) as follows.
2
In paragraphs (1) and (2)(d) for “Lord Chancellor” substitute “Department of Justice”.
3
In paragraph (4) for the words from “annulment” to “accordingly” substitute “negative resolution”.
143
In Article 360(1) (committee to review rules under Article 359) for “Lord Chancellor” substitute “Department of Justice”.
144
In Article 364 (insolvent partnerships)—
a
in paragraph (1) for “Lord Chancellor” substitute “Department of Justice”;
b
in paragraph (2) for the words from “annulment” to “accordingly” substitute “negative resolution”.
145
In Article 365 (insolvent estates of deceased persons)—
a
in paragraph (1) for “Lord Chancellor” substitute “Department of Justice”;
b
in paragraph (2) for the words from “annulment” to “accordingly” substitute “negative resolution”.
146
1
In this paragraph “relevant function” means a function under Article 359 conferred by virtue of—
a
section 134 or 167 of the Banking Act 2009590, or
b
article 17 of the Building Societies (Insolvency and Special Administration) Order 2009591.
2
Any relevant function of the Lord Chancellor is transferred to the Department of Justice.
3
Any relevant function of the Treasury is transferred to the Department of Finance and Personnel in Northern Ireland.