|
Work continues to ensure we are ready for the commencement of the modernised 2016 insolvency rules on 6 April 2017.
Statutory instruments
A further four statutory instrument have been either made by Parliament or laid in draft awaiting debate:
-
The Insolvency (England and Wales) (Amendment) Rules 2017, which give effect to minor and clarificatory changes to the 2016 Rules. We are aware of a typo error in rule 50; it should refer to schedule 4. This will be dealt with via correction slip, which is likely to be available early next week.
- The Small Business, Enterprise and Employment Act 2015 (Commencement No. 6 and Transitional and Savings Provisions) Regulations 2016 (Amendment) Regulation 2017, which saves the requirement in sections 93 and 105 of the Insolvency Act 1986 to hold meetings in relation to a company where a resolution to wind up the company was passed before 6th April 2010
-
The Insolvency (England and Wales) Rules 2016 (Consequential Amendments) (Savings) Rules 2017, which makes consequential amendments and savings provisions to government legislation that makes reference to the Insolvency Rules 1986
-
The Deregulation Act 2015 and Small Business, Enterprise and Employment Act 2015 (Consequential Amendments) (Savings) Regulations 2017, which makes consequential amendments and savings provisions to legislation that makes reference to, either by citing or modifying, the Insolvency Act 1986. That Act was updated through the Deregulation Act 2015 and the Small Business, Enterprise and Employment Act 2015. This instrument has been laid in draft and will be debated in both Houses before passing in to law
Removal of statutory insolvency forms (England & Wales)
From 6 April 2017 all statutory forms relating to insolvency procedures will be withdrawn. These are not being replaced but there will be small collection of templates of prescribed content relating to company winding-up and bankruptcy procedures made available.
In advance of this change the current forms are being removed.
You can downloadable zip files containing all of the current England and Wales forms to enable continued use during the transitional period. Attached to this email is a list of all templates issued by the Insolvency Service, HM Courts and Tribunals Service and Companies House that will be available after 6 April 2017.
Policy.Unit@insolvency.gsi.gov.uk
|
