The Corporate Insolvency and Governance Act 2020 (Coronavirus) (Change of Expiry Date) Regulations 2021

JurisdictionUK Non-devolved
CitationSI 2021/441
Year2021

2021 No. 441

Insolvency

The Corporate Insolvency and Governance Act 2020 (Coronavirus) (Change of Expiry Date) Regulations 2021

Made 31th March 2021

Coming into force 1st April 2021

The Secretary of State makes the following Regulations in exercise of the powers conferred by section 24(3) of the Corporate Insolvency and Governance Act 20201.

In accordance with section 26(7) of the Corporate Insolvency and Governance Act 2020, a draft of these Regulations has been laid before and approved by a resolution of each House of Parliament.

S-1 Citation and commencement

Citation and commencement

1. These Regulations may be cited as the Corporate Insolvency and Governance Act 2020 (Coronavirus) (Change of Expiry Date) Regulations 2021 and come into force on the day after the day on which they are made.

S-2 Amendment of the Corporate Insolvency and Governance Act 2020

Amendment of the Corporate Insolvency and Governance Act 2020

2. In section 24(1) of the Corporate Insolvency and Governance Act 2020 (expiry) for “30 April 2021” substitute “29 April 2022”.

Callanan

Parliamentary Under Secretary of State

Department for Business, Energy and Industrial Strategy

31st March 2021

EXPLANATORY NOTE

(This note is not part of the Regulations)

These Regulations substitute the date on which the power in section 20 of the Corporate Insolvency and Governance Act 2020 (c. 12), to amend or modify the effect of corporate insolvency or governance legislation in Great Britain by regulations, will expire so that regulations made using that power may not be made after 29th April 2022.

An impact assessment has not been prepared for this instrument. An Explanatory Memorandum has been published alongside this instrument at www.legislation.gov.uk.


(1) 2020 c. 12.

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