Part 1 Amendments to the Insolvency Act 1986
Tribunals, Courts and Enforcement Act 2007 (2007 c 15) | Legislation

SCHEDULE 20 Debt Relief Orders: Consequential Amendments

Section 108(3)

Part 1 Amendments to the Insolvency Act 1986

1

The Insolvency Act 1986 (c 45) is amended as follows.

2

(1)     In section 31 (disqualification of bankrupt) in subsection (1)—

(a)     at the end of paragraph (a) (before “orâ€) insert—

“(aa)     a moratorium period under a debt relief order applies in relation to him,â€;

(b)     in paragraph (b) after “order†insert “or a debt relief restrictions orderâ€.

(2)     In the heading to that section after “bankrupt†insert “or person in respect of whom a debt relief order is madeâ€.

3

.Ìý.Ìý.

4

In section 384(2) (meaning of prescribed amount)—

(a)     at the beginning of the list of provisions insert “section 251S(4);â€;

(b)     in the list omit “and†after “section 361(2);†and

(c)     at the end of the list insert “paragraphs 6 to 8 of Schedule 4ZA,â€.

5

(1)     Section 385(1) (definitions) is amended as follows.

(2)     In the definition of “the debtorâ€, before paragraph (a) insert—

“(za)     in relation to a debt relief order or an application for such an order, has the same meaning as in Part 7A,â€.

(3)     After

Powered by Lexis+®
 

Popular documents

LEXISNEXIS

Repudiation

RepudiationThis Practice Note concerns repudiation and sets out what a repudiatory breach of contract means. It explains how a repudiatory breach goes to the core of the contract and the options or remedies available to an innocent party as a result of the other party’s repudiation, which include

LEXISNEXIS

The pari passu principle and collection remedies for the office-holder—the position under the Insolvency

The pari passu principle and collection remedies for the office-holder—the position under the Insolvency (England and Wales) Rules 2016The primary function of office-holders in personal and corporate insolvency is to collect in the assets belonging to a company or individual and to distribute these

LEXISNEXIS

Facilitation payments under the Bribery Act 2010

Facilitation payments under the Bribery Act 2010Facilitating the performance of a duty by public officialsFacilitation payments, also known as facilitating or grease payments, are generally small amounts of money paid to public officials or others as a means of ensuring that they perform their duty,

LEXISNEXIS

Negligence—key elements to establish a negligence claim

Negligence—key elements to establish a negligence claimNegligence—what are the key ingredients to establish a claim in negligence?For liability in negligence to be founded, four key ingredients must be present:•duty of care•breach of that duty•damage (which is caused by the breach)•foreseeability of