The Insolvency (Amendment) Rules (Northern Ireland) 2023

Made: 20th February 2023

Coming into operation: 13th March 2023

In accordance with Article 360 of the Insolvency (Northern Ireland) Order 1989, the Department of Justice has consulted the Committee appointed for the purposes of Article 360 of that Order.

PART 1 — Introductory provision

Citation, commencement and interpretation

1

These Rules may be cited as the Insolvency (Amendment) Rules (Northern Ireland) 2023 and shall come into operation on 13th March 2023.

2

In these Rules—

• (1) “the principal Rules” means the Insolvency Rules (Northern Ireland) 1991[^f00004]; and

• (2) “the Order” means the Insolvency (Northern Ireland) Order 1989 and any reference to a numbered Article is a reference to an Article of that Order.

Saving provisions

3

• (1) This Rule applies where before 30th March 2022—

• (a) a moratorium under Part 1A[^f00005] of the Order has come into force; or

• (b) in the case of a moratorium for a company to which either Article 13BA or 13BB[^f00006] applies, an application has been made to the High Court.

• (2) Where this Rule applies—

• (a) the amendments made by Parts 2 and 3 of these Rules do not apply; and

• (b) Part 3 of Schedule 8 to the Corporate Insolvency and Governance Act 2020[^f00007] continues to have effect,

in relation to that moratorium.

4

Nothing in Parts 2 and 3 of these Rules affects the operation of the principal Rules in relation to a moratorium under Schedule A1 to the Order which has come into operation before repeal of that schedule taking effect on 25th June 2020[^f00008].

PART 2 — Insertion of Part A1 into the Insolvency Rules

Part A1

5

Immediately before Part 1 of the principal Rules (company voluntary arrangements) insert—