SCHEDULE 19 Adjudicators: Minor and Consequential Amendments

SCHEDULE 19 Adjudicators: Minor and Consequential Amendments

Section 71(3)

1

The Insolvency Act 1986 is amended in accordance with this Schedule.

2

In section 253 (application for interim order), omit subsection (5).

3

In section 255 (cases in which interim order can be made), in subsection (1)(b) for “petition for his own bankruptcy†substitute “make a bankruptcy applicationâ€.

4

(1)     Section 256A (debtor's proposal and nominee's report) is amended as follows.

(2)     In subsection (1) omit the words from “unless†to the end.

(3)     In subsection (3) for “petition for his own bankruptcy†substitute “make a bankruptcy applicationâ€.

5

For the heading to Chapter 1 of Part 9 substitute “The court: bankruptcy petitions and bankruptcy ordersâ€.

6

In section 264 (who may present a bankruptcy petition), in subsection (1) omit paragraph (b).

7

For section 265 (conditions to be satisfied in respect of debtor) substitute—

“265 Creditor's petition: debtors against whom the court may make a bankruptcy order

(1)     A bankruptcy petition may be presented to the court under section 264(1)(a) only if—

(a)     the centre of the debtor's main interests is in England and Wales, or

(b)

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