9 Administration in Northern Ireland: sales to connected persons
Corporate Insolvency and Governance Act 2020 (2020 c 12) | Legislation

9  Administration in Northern Ireland: sales to connected persons

(1)     The Insolvency (Northern Ireland) Order 1989 (SI 1989/2405 (NI 19)) is amended as follows.

(2)     Schedule B1 (administration) is amended in accordance with subsections (3) to (5).

(3)     Paragraph 61 (powers of administrator) becomes sub-paragraph (1) of that paragraph.

(4)     After that sub-paragraph insert—

“(2)     But the power to sell, hire out or otherwise dispose of property is subject to any regulations that may be made under paragraph 61A.”

(5)     After paragraph 61 insert—

“61

(1)     Regulations may make provision for—

(a)     prohibiting, or

(b)

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