The Bank Insolvency Rules (Northern Ireland) 2009

Made: 18th February 2009

To be laid before Parliament

Coming into operation: 25th February 2009

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PART 1 — INTRODUCTORY PROVISIONS

Citation and commencement

1

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Extent

2

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Application of rules, construction and interpretation

3

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Overview

4

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Forms

5

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Time

6

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PART 2 — APPLICATION FOR ORDER

Filing of application

7

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Service of application

8

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Proof of service

9

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Other persons to receive copy of application

10

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Verification of application

11

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Persons entitled to copy of application

12

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Certificate of compliance

13

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Leave for the applicant to withdraw

14

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Witness Statement in opposition

15

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Making, transmission and advertisement of order

16

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Authentication of bank liquidator’s appointment

17

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Initial duties of bank liquidation committee

18

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Expenses of voluntary arrangement

19

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PART 3 — PROVISIONAL BANK LIQUIDATOR

Appointment of provisional bank liquidator

20

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Notice of appointment

21

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Order of appointment

22

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Security

23

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Failure to give or keep up security

24

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Remuneration

25

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Termination of appointment

26

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PART 4 — STATEMENT OF AFFAIRS AND OTHER INFORMATION

Notice requiring statement of affairs

27

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Verification and filing

28

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Limited disclosure

29

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Release from duty to submit statement of affairs; extension of time

30

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Expenses of statement of affairs

31

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Submission of accounts

32

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Further disclosure

33

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PART 5 — INFORMATION TO CREDITORS AND CONTRIBUTORIES

Report by bank liquidator

34

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Meaning of “creditors”

35

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Report where statement of affairs lodged

36

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Statement of affairs dispensed with

37

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General rule as to reporting

38

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Bank insolvency stayed

39

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PART 6 — MEETINGS OF CREDITORS AND CONTRIBUTORIES

RULES OF GENERAL APPLICATION

First meeting

40

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Business at first meetings of creditors and contributories

41

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General power to call meetings

42

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The chair at meetings

43

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Requisitioned meetings general

44

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Requisitioned meetings reforming the liquidation committee

45

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Attendance at meetings of bank’s personnel

46

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Notice of meetings by advertisement only

47

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Venue

48

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Expenses of summoning meetings

49

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Resolutions

50

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Chairman of meeting as proxy-holder

51

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Suspension and adjournment

52

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Entitlement to vote (creditors)

53

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Entitlement to vote (contributories)

54

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Admission and rejection of proof (creditors' meetings)

55

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Record of proceedings

56

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PART 7 — PROOF OF DEBTS

Meaning of “prove”

57

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Supply of forms

58

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Contents of proof

59

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Claim established by affidavit

60

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Cost of proving

61

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Bank Liquidator to allow inspection of proofs

62

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New bank liquidator appointed

63

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Admission and rejection of proofs for dividend

64

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Appeal against decision on proof

65

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Withdrawal or variation of proof

66

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Expunging of proof by the court

67

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Estimate of quantum

68

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Negotiable instruments, etc.

69

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Secured creditors

70

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Discounts

71

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Mutual credits and set-off

72

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Disapplication of set off for eligible depositors

73

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Debt in foreign Currency

74

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Payments of a periodical nature

75

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Interest

76

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Debt payable at future time

77

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PART 8 — SECURED CREDITORS

Value of security

78

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Surrender for non-disclosure

79

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Redemption by liquidator

80

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Test of security’s value

81

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Realisation of security by creditor

82

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PART 9 — THE BANK LIQUIDATOR

SECTION A — GENERAL

Remuneration of bank liquidator

83

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Replacement of bank liquidator by creditors

84

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Authentication of bank liquidator’s appointment

85

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Appointment to be advertised and registered

86

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SECTION B — RESIGNATION AND REMOVAL

Creditors' meeting to be notified of bank liquidator’s resignation

87

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Action following acceptance of resignation

88

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Advertisement of resignation

89

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Meeting of creditors to remove bank liquidator

90

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Court’s power to regulate meetings under rule 83

91

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Procedure on removal

92

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Advertisement of removal

93

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Removal of bank liquidator by the court

94

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Release of resigning or removed bank liquidator

95

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SECTION C — RELEASE ON COMPLETION OF WINDING UP

Final meeting

96

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Rule as to reporting

97

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SECTION D — REMUNERATION

Fixing of remuneration

98

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Bank liquidator’s entitlement to remuneration where it is not fixed under rule 98

99

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Bank liquidator’s remuneration where he realises assets on behalf of chargeholder

100

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Other matters affecting remuneration

101

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Recourse of bank liquidator to meeting of creditors

102

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Recourse to the court

103

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Creditors' claim that remuneration is excessive

104

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Primacy of Objective 1

105

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SECTION E — SUPPLEMENTARY PROVISIONS

Replacement Bank liquidator

106

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Bank liquidator deceased

107

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Loss of qualification as insolvency practitioner

108

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Resignation of the bank liquidator

109

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Notice to Bank of England of intention to vacate office

110

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Bank liquidator’s duties on vacating office

111

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Power of court to set aside certain transactions

112

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Rule against solicitation

113

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PART 10 — THE LIQUIDATION COMMITTEE

Application of rules in this Part

114

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Membership of committee

115

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Formalities of establishment

116

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Committee established by contributories

117

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Obligations of liquidator to committee

118

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Meetings of the committee

119

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The Chair at meetings

120

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Quorum

121

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Committee-members' representatives

122

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Resignation

123

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Termination of membership

124

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Removal

125

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Vacancy (creditor members)

126

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Vacancy (contributory members)

127

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Voting rights and resolutions

128

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Resolutions by post

129

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Liquidator’s reports

130

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Expenses of members etc.

131

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Dealings by committee-members and others

132

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Composition of committee when creditors paid in full

133

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Committee’s functions vested in the Department

134

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Formal defects

135

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PART 11 — COLLECTION AND DISTRIBUTION OF BANK'S ASSETS BY BANK LIQUIDATOR

General duties of bank liquidator

136

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General qualification on powers

137

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Manner of distributing assets

138

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Debts of insolvent company to rank equally

139

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Supplementary provisions as to dividend

140

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Division of unsold assets

141

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General powers of the liquidator

142

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Enforced delivery up of company’s property

143

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Final distribution

144

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PART 12 — DISCLAIMER

Liquidator’s notice of disclaimer

145

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Communication of disclaimer to persons interested

146

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Additional notices

147

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Duty to keep court informed

148

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Application by interested party under Article 152(4)

149

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Interest in property to be declared on request

150

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Disclaimer presumed valid and effective

151

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Application for exercise of court’s powers under Article 155

152

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PART 13 — SETTLEMENT OF LIST OF CONTRIBUTORIES

Preliminary

153

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Primacy of Objective 1

154

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Duty of liquidator to settle list

155

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Form of list

156

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Procedure for settling list

157

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Application to court for variation of the list

158

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Variation of, or addition to, the list

159

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Costs not to fall on bank liquidator

160

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PART 14 — CALLS

Calls by liquidator

161

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Control by bank liquidation committee

162

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Application to court for leave to make a call

163

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Making and enforcement of the call

164

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PART 15 — SPECIAL MANAGER

Appointment and remuneration

165

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Security

166

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Failure to give or keep up security

167

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Accounting

168

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Termination of appointment

169

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PART 16 — ORDER OF PAYMENT AS TO COSTS, ETC. OUT OF ASSETS

General rule as to priority

170

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Litigation expenses and property subject to a floating charge-general application

171

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Litigation expenses and property subject to a floating charge-requirement for approval or authorisation

172

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Litigation expenses and property subject to a floating charge-request for approval or authorisation

173

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Litigation expenses and property subject to a floating charge-grant of approval or authorisation

174

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Litigation expenses and property subject to a floating charge-application to court by the bank liquidator

175

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Saving for powers of the court

176

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 17 — MISCELLANEOUS RULES

SECTION A — RETURN OF CAPITAL

Application to court for order authorising return of capital

177

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Procedure for return of capital

178

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

SECTION B — CONCLUSION OF BANK INSOLVENCY

Department’s directions under section 116 of the 2009 Act

179

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Procedure following appeal under section 116 of the 2009 Act

180

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

SECTION C — LEAVE TO ACT AS DIRECTOR, ETC. OF BANK WITH PROHIBITED NAME (ARTICLE 180 OF THE ORDER)

Preliminary

181

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Application for leave under Article 180(3) before passing of full payment resolution

182

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Consideration of application for leave under Article 180(3)

183

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

First excepted case

184

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Second excepted case

185

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Third excepted case

186

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Further exception

187

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 18 — COURT PROCEDURE AND PRACTICE

CHAPTER 1 — APPLICATIONS (GENERAL)

Preliminary

188

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Interpretation

189

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Form and contents of application

190

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Application under Article 150A(5) to disapply Article 150A

191

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Filing and service of application

192

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Notice of application under section Article 150A(5)

193

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Other hearings without notice

194

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Hearing of application

195

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Use of affidavit evidence

196

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Filing and service of affidavits

197

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Use of reports

198

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Adjournment of hearing: directions

199

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

CHAPTER 3 — SHORTHAND WRITERS

Nomination and appointment of shorthand writers

200

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Remuneration

201

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

CHAPTER 4 — ENFORCEMENT PROCEDURES

Enforcement of court orders

202

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Orders enforcing compliance with the rules

203

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Warrants (general provisions)

204

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Warrants under Article 200

205

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

CHAPTER 5 — COURT RECORDS AND RETURNS

Title of proceedings

206

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Court records

207

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Inspection of records

208

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

File of court proceedings and inspection

209

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Filing of Gazette notices and advertisements

210

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

CHAPTER 6 — COSTS AND DETAILED ASSESSMENT

Application of the Supreme Court Rules

211

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Requirement to assess costs by the detailed procedure

212

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Procedure where detailed assessment required

213

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Cost of officers charged with executions of writs or other process

214

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Costs paid otherwise than out of the insolvent estate

215

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Award of costs against responsible insolvency practitioner

216

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Application for costs

217

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Costs and expenses of witnesses

218

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

CHAPTER 7 — PERSONS INCAPABLE OF MANAGING THEIR AFFAIRS

Introductory

219

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Appointment of another person to act

220

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Affidavit in support of application

221

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Service of notices following appointment

222

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

CHAPTER 8 — APPEALS IN BANK INSOLVENCY PROCEEDINGS

Appeals and review of court orders

223

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Procedure on appeal

224

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Appeal against a decision of the Department

225

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

CHAPTER 9 — GENERAL

Principal court rules and practice to apply

226

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Right of attendance

227

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Restriction on concurrent proceedings and remedies

228

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Security in court

229

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Further information and disclosure

230

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Office copies of documents

231

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 19 — PROXIES AND COMPANY REPRESENTATION

Definition of “proxy”

232

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Issue and use of forms

233

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Use of proxies at meetings

234

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Retention of proxies

235

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Right of inspection

236

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Proxy-holder with financial interest

237

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Company representation

238

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 20 — EXAMINATION OF PERSONS CONCERNED IN BANK INSOLVENCY

Preliminary

239

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Form and contents of application

240

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Order for examination, etc

241

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Procedure for examination

242

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Record of examination

243

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Cost of proceedings

244

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 21 — DECLARATION AND PAYMENT OF DIVIDEND

Preliminary

245

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Notice of intended dividend

246

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Final admission/rejection of proofs

247

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Postponement or cancellation of dividend

248

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Decision to declare dividend

249

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Notice of declaration

250

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Notice of no, or no further, dividend

251

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Proof altered after payment of dividend

252

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Secured creditors

253

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Disqualification from dividend

254

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Assignment of right to dividend

255

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Preferential creditors

256

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Debt payable at future time

257

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 22 — MISCELLANEOUS AND GENERAL

Power of Department to regulate certain matters

258

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Costs, expenses, etc

259

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Provable debts

260

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Notices

261

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Quorum at meeting of creditors or contributories

262

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Evidence of proceedings at meetings

263

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Documents issuing from the Department

264

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Insolvency practitioner’s security

265

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Time

266

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Service by post

267

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

General provisions as to service

268

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Service outside the jurisdiction

269

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Confidentiality of documents

270

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Notices sent simultaneously to the same person

271

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Right to copy documents

272

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Charge for copy documents

273

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Non-receipt of notice of meeting

274

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Right to have list of creditors

275

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

False claim of status as creditors

276

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Execution overtaken by judgement debtor’s insolvency

277

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Gazette

278

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Punishment of offences

279

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Notice of order under Article 150A(5)

280

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 23 — INTERPRETATION

Introductory

281

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Expressions used generally

282

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

“Give notice”, etc

283

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Notice, etc to solicitors

284

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Notice to joint bank liquidators

285

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

“Insolvent estate”

286

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

“Responsible insolvency practitioner”, etc

287

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Schedule

288

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

SCHEDULE

1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Signed

Jack Straw — Lord Chancellor — Dated 18th February 2009

I concur

Brian Kerr — The Lord Chief Justice of Northern Ireland — Dated 19th February 2009

We concur

Dave Watts — Steve McCabe — Two of the Lords Commissioners of Her Majesty’s Treasury — Dated 23rd February 2009

Explanatory note

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Footnotes

[^f00001]: S.I. 1989/2405(N.I. 19), section 1282 of the Companies Act 2006 (c. 46) inserted a new Article 150ZA into the Insolvency (Northern Ireland) Order 1989 providing for the payment and priority of general expenses of a winding up subject to exceptions prescribed by rules made under Article 359 of the 1989 Order. Article 359 of the Insolvency (Northern Ireland) Order 1989 was amended by the Insolvency (Northern Ireland) 1989 (Amendment) Regulations (Northern Ireland) 2002 S.R. 2002 N. 223).

[^f00002]: 2009 c. 1.

[^f00003]: The Insolvency Rules (Northern Ireland) (S.R. 1991 No. 364), as amended by the Insolvency (Amendment) Rules (Northern Ireland) 1994 (S.R. 1994 No. 26), the Insolvency (Amendment) Rules (Northern Ireland) 1995 (S.R. 1995 No.291), the Insolvency (Amendment) Rules (Northern Ireland) 2000 (S.R. 2000 No. 247), the Insolvency (Amendment) Rules (Northern Ireland) 2002 (S.R. 2002 N.261), the Insolvency (Amendment) Rules (Northern Ireland) 2003 (S.R. 2003 549), the Insolvency (Amendment) Rules (Northern Ireland) 2006 (S.R. 2006 No. 47), the Insolvency (Amendment) Rules (Northern Ireland) 2008 (S.R. 2008 No. 118) and the Financial Services and Markets Act 2000 (Consequential Amendments) Order 2004 (S.I. 2004/355).

[^f00004]: 2006 c. 46.

[^f00005]: Formerly the Department of Economic Development, see the Departments (Northern Ireland) Order 1999 (S.I. 199/283 (N.I. 1)

[^f00006]: S.I. 1986/1032 (N.I. 6).

[^f00007]: 2000 c. 8.

[^f00008]: Article 21 of the Companies Order is repealed on 1 October 2009

[^f00009]: Article 295 is repealed on 1 October 2009.

[^f00010]: The reference to FSA Rules are to the FSA’s Compensation Sourcebook (made under section 213 of the Financial Services and Markets Act 2000) (2000 c. 8).

[^f00011]: The FSA’s Compensation Sourcebook (made under section 213 of the Financial Services and Markets Act 2000.)

[^f00012]: Article 150A was inserted by the (Insolvency (Northern Ireland) Order 1989 (Prescribed Part) Order SR 2006/25.

[^f00013]: Rule 4.132A was inserted by the Insolvency (Amendment) Rules (Northern Ireland) 2006 (S.R. 2006/47), rule 33.

[^f00014]: Article 383 is repealed on 1 October 2009

[^f00015]: Article 383 is repealed on 1 October 2009

[^f00016]: Rule 4228 was amended by the Insolvency (Amendment) Rules (Northern Ireland) 2008 (S.R. 2008/118).

[^f00017]: Rules 4228A to E were inserted by the Insolvency (Amendment) Rules (Northern Ireland) 2008 (S.R. 2008/118).

[^f00018]: Article 180 is repealed on 1 October 2009.

[^f00019]: Rule 7.07A was inserted by the Insolvency (Amendment) Rules (Northern Ireland) 2006 (S.R. 2006/47), rule 97.

[^f00020]: Rule 7.08A was inserted by the Insolvency (Amendment) Rules (Northern Ireland) 2006 (S.R. 2006/47), rule 98.

[^f00021]: S.R. 1980/346

[^f00022]: Article 359 of the Order, which introduces Schedule 5, was amended by section 112 of the 2009 Act to extend the powers in the Schedule to rules made under Part 2 of the latter Act

[^f00023]: S.I. 1990/2588 (N.I. 17).

[^f00024]: The Insolvency Rules (Northern Ireland) (S.R. 1991 No. 364), as amended by the Insolvency (Amendment) Rules (Northern Ireland) 1994 (S.R. 1994 No. 26), the Insolvency (Amendment) Rules (Northern Ireland) 1995 (S.R. 1995 No.291), the Insolvency (Amendment) Rules (Northern Ireland) 2000 (S.R. 2000 No. 247), the Insolvency (Amendment) Rules (Northern Ireland) 2002 (S.R. 2002 N.261), the Insolvency (Amendment) Rules (Northern Ireland) 2003 (S.R. 2003 549), the Insolvency (Amendment) Rules (Northern Ireland) 2006 (S.R. 2006 No. 47), the Insolvency (Amendment) Rules (Northern Ireland) 2008 (S.R. 2008 No. 118) and the Financial Services and Markets Act 2000 (Consequential Amendments) Order 2004 (S.I. 2004/355).

Editorial notes