The Insolvency Amendment (EU 2015/848) Regulations 2017

JurisdictionUK Non-devolved
CitationSI 2017/702
  • These Regulations may be cited as the Insolvency Amendment (EU 2015/848) Regulations 2017 and come into force on 26th June 2017.
  • (1) The Schedule has effect.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .the amendments to that Act made by Part 4 of that Schedule apply to Scotland only.(1) These Regulations do not apply to proceedings opened before 26 June 2017.(2) The time at which proceedings are opened is to be determined in accordance with Article 2(8) of Regulation (EU) 2015/848 of the European Parliament and of the Council.
  • The Insolvency Act 1986 as it applies to the instruments listed in regulation 4(2) of the Deregulation Act 2015 and Small Business, Enterprise and Employment Act 2015 (Consequential Amendments) (Savings) Regulations 2017
  • (1) The Insolvency Act 1986 is amended as follows.(2) In section 1 (those who may propose an arrangement) in subsection (5) for the words from “the EC Regulation” to the end substitute “Article 3 of the EU Regulation”(3) In section 106 (final account prior to dissolution) after subsection (4) insert—
    • (4A) Subsection (4B) applies where, immediately before the liquidator sends a copy of the account of the winding up to the...
    Subsection (4B) applies where, immediately before the liquidator sends a copy of the account of the winding up to the

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