These Rules may be cited as the Insolvency (England and Wales) Rules 2016 (Consequential Amendments and Savings) Rules 2017 and come into force on 6th April 2017.
Article 2Amendments consequential on the Insolvency (England and Wales) Rules 2016#
(1)Schedule 1, which amends Acts of Parliament, has effect.
(2)Schedule 2, which amends subordinate legislation, has effect.
Article 3Savings in relation to special insolvency rules#
The Insolvency Rules 1986, as they had effect immediately before 6th April 2017, insofar as they apply to proceedings under the following instruments, continue to have effect for the purposes of the application of—
(1)In section 16(2A)(a) of the Solicitors Act 1974 (duration of suspension of practising certificates), for “Rule 5A.16 of the Insolvency Rules 1986” substitute “Rule 9.18 of the Insolvency (England and Wales) Rules 2016”.
(2)In section 18(2ZA) of the Administration of Justice Act 1985 (suspension or termination of licences), for “Rule 5A.16 of the Insolvency Rules 1986” substitute “Rule 9.18 of the Insolvency (England and Wales) Rules 2016”.
(3)In section 385(1) of the Insolvency Act 1986 (Second Group of Parts: miscellaneous definitions), in the definition of “the Rules”, for “Insolvency Rules 1986” substitute “Insolvency (England and Wales) Rules 2016”.
(2)In Schedule 1 to the Solicitor’s Recognised Bodies Order 1991, in the table headed “Statutory instruments which apply to recognised bodies”—
(a)omit the entry for the Insolvency Rules 1986; and
(b)insert in the relevant place—“”
(3)
(1)The Insolvent Companies (Disqualification of Unfit Directors) Proceedings Rules 1987 are amended as follows.
(2)For rule 1(2)(e), substitute—“e “registrar” has the same meaning as in rule 1.2(2) of the Insolvency (England and Wales) Rules 2016, and”
(3)In rule 2—
(a)For sub-paragraph (4), substitute—“4 Rule 12.59 (appeals and reviews of court orders in corporate insolvency) and rule 12.62 (procedure on appeal) of the Insolvency (England and Wales) Rules 2016 apply.”
(b)In sub-paragraph (5), for “The Insolvency Rules 1986” substitute “The Insolvency (England and Wales) Rules 2016”.
(4)
(1)The Insolvency Regulations 1994 are amended as follows.
(2)In regulation 3(1) (interpretation and application), in the definition of “the Rules”, for “the Insolvency Rules 1986” substitute “The Insolvency (England and Wales) Rules 2016”.
(3)In regulation 14(3), for “rule 4.125(5)” in each of the places it appears substitute rules “7.69 and 7.70”.
(4)In regulation 17(1), omit “whether the winding up has been concluded under Rule 4.223 or not,”.
(5)In regulation 28(3), for “Rule 6.137(5)”, in the two places in which it appears, substitute “rule 10.87(7)”.
(5)
(1)The Contracting Out (Functions of the Official Receiver) Order 1995 is amended as follows.
(2)In rule 2(1) (interpretation)—
(a)In the definition of “the insolvency legislation”, for “rule 12.1” substitute “Introductory Rule 5”.
(b)For the definition of “the Rules” substitute ““the Rules” means the Insolvency (England and Wales) Rules 2016”.
(3)In the Schedule—
(a)Omit paragraph 3.
(b)For paragraph 8, substitute—“8 The functions of the official receiver—a exercisable under rule 17.28(2) (functions of committee in winding up by court or bankruptcy exercisable by official receiver); orb in relation to the hearing of an application made under—i section 280 (discharge by order of the court);ii rule 7.44(2) (application to court for a release or extension of time in respect of statement of affairs in a winding up by the court); oriii rule 10.58(2) (application to court by bankrupt for a release or extension of time in respect of statement of affairs).”
(4)Omit paragraph 11.
(5)In paragraph 14—
(a)In sub-paragraph (d), for “rule 4.36(5)” substitute “rule 7.44(6)(a)”;
(b)In sub-paragraph (e), for “rule 6.62(5)” substitute “rule 10.58(6)(a)”; and
(c)In sub-paragraph (f), for “rule 6.215(2)” substitute “rule 10.142(2)”.
(6)Omit paragraph 21.
(6)
(1)The Insurers (Winding Up) Rules 2001 are amended as follows.
(2)In rule 2(1), in the definition of “the principal rules,” for “the Insolvency Rules 1986” substitute “the Insolvency (England and Wales) Rules 2016”.
(3)In rule 19, for “rule 4.207 of the principal rules (security) applies” substitute “rules 5.18 (security by the liquidator and special manager in a members’ voluntary winding up), 6.38 (security in a creditors’ voluntary winding up) and 7.94 (winding up by the court) of the principal rules apply”.
(4)In rule 23(2) (dividends for creditors), for “Part II” substitute “Part III”.
(5)In rule 26(1), for “rule 4.218 of the principal rules (general rule as to priority) applies” substitute “rules 6.42 (general rule as to priority in a creditors’ winding up) and 7.108 (general rule as to priority in a winding up by the court) of the principal rules apply”.
(7)
(1)The Pension Protection Fund (Entry Rules) Regulations 2005 are amended as follows.
(2)In regulation 1 (citation, commencement and interpretation), paragraph 3, omit the definition of “the Insolvency Rules”.
(3)In regulation 5(1)(a)(iii) (prescribed insolvency events), for “Rule 2.132 of the Insolvency Rules (conversion of administration to winding up – power of court)” substitute “rule 21.3 of the Insolvency (England and Wales) Rules 2016 (conversion into winding up proceedings or bankruptcy: court order)”.
(5)In regulation 6(1)(a)(iii) (circumstances in which insolvency proceedings in relation to the employer are stayed or come to an end), for “Rule 2.132 of the Insolvency Rules (conversion of administration to winding up – power of court)” substitute “rule 21.3 of the Insolvency (England and Wales) Rules 2016 (conversion into winding up proceedings or bankruptcy: court order)”.
(6)In regulation 6(1)(c)(iii)(bb), for “the Insolvency Rules” substitute “the Insolvency Rules 1986”.
(8)For article 2(e)(ii) (overseas relationships dissolved etc. before commencement treated as civil partnerships) of the Civil Partnership (Treatment of Overseas Relationships) Order 2005, substitute—“ii (rules 10.167 (bankrupt’s home: property falling within section 283A), 10.168 (application in relation to the vesting of an interest in a dwelling-house (registered land), 10.169 (vesting of bankrupt’s interest (unregistered land)) and 10.171 (charging order) of the Insolvency (England and Wales) Rules 2016.”
(9)
(1)The Legal Services Act 2007 (Designation as a Licensing Authority) (No. 2) Order 2011 is amended as follows.
(2)In the table in Schedule 2—
(a)omit the entry for the Insolvency Rules 1986; and
(b)insert in the relevant place—“”
(10)In Schedule 3 (relevant disposals to which section 95(1) of the Act does not apply) of the Assets of Community Value (England) Regulations 2012, for paragraph 7 substitute—“7 A disposal pursuant to insolvency proceedings defined as proceedings under the Insolvency Act 1986 or the Insolvency (England and Wales) Rules 2016.”
(11)In regulation 4(1)(j) of the Care and Support (Cross-border Placements) (Business Failure Duties of Scottish Local Authorities) Regulations 2014, for “rule 2.12 (conversion of administration to winding up – power of court) of the Insolvency Rules 1986” substitute “rule 21.3 (conversion into winding up proceedings or bankruptcy: court order) of the Insolvency (England and Wales) Rules 2016.
(12)
(1)The Compensation Orders (Disqualified Directors) Proceedings (England and Wales) Rules 2016 are amended as follows.
(2)In rule 1(3) (citation, commencement and interpretation), for the entry for “registrar,” substitute—“• “registrar” has the same meaning as in rule 1.2(2) of the Insolvency (England and Wales) Rules 2016”
(3)For rule 3 (form and conduct of applications), sub-paragraph (5) substitute—“5 Rule 12.49 (appeals and reviews of court orders in corporate insolvency) and rule 12.61 (procedure on appeal) of the Insolvency (England and Wales) Rules 2016 apply to applications under these rules.”
Contains public sector information licensed under the Open Government Licence v3.0.