The Insolvency Rules 1986
UK Statutory Instrument 1986 No. 1925 — creates 3 criminal offences.
- Made
- 10 November 1986
- In force from
- 29 December 1986
- Extent
- Not stated
- Subject
- Corporate, financial services, company law, employment, charity, electoral and tax
- Made under
- Insolvency Act 1986
Explanatory note
(This note is not part of the Regulations) — published with the instrument by the department that made it. © Crown copyright, reused under the Open Government Licence v3.0.
These Rules set out the detailed procedure for the conduct of all company and individual insolvency proceedings in England and Wales under the Insolvency Act 1986 and otherwise give effect to that Act. The insolvency proceedings concerned are— company voluntary arrangements (Part 1 of the Rules), administration (Part 2), administrative receivership (Part 3), companies winding up (Part 4), individual voluntary arrangements (Part 5), and bankruptcy (Part 6). Parts 7 to 13 of the Rules apply to both company and individual insolvency proceedings and are concerned with the following matters— court procedure and practice (Part 7), proxies and company representation (Part 8), examination of persons concerned in company and individual insolvency (Part 9). official receivers (Part 10), declaration and payment of dividend (winding up and bankruptcy) (Part 11), miscellaneous and general (Part 12), and interpretation and application (Part 13). The Arrangement of Rules at the beginning of the statutory instrument lists the number and contents of all the Rules and Schedules. The Rules come into force on 29th December 1986 and generally apply to all insolvency proceedings commenced on or after that date. The Rules also apply to such proceedings commenced before that date to which provisions of the Insolvency Act 1986 are applied by Schedule 11 of the Act to the extent necessary to give effect to those provisions. In addition, Rules 6.36, 7.11 and 7.34 expressly provide for their application to insolvency proceedings, whenever commenced.
Offences created by this instrument
- False representations, etc rule 1.30(1) · Revoked, but still prosecutable · Requires proof of a state of mind
- False claim of status as creditor, etc rule 12.18(1) · Revoked, but still prosecutable · Requires proof of a state of mind
- False representations, etc rule 5.30(1) · Revoked, but still prosecutable · Requires proof of a state of mind
How Parliament handled it
Parliament's Statutory Instruments service records procedure from May 2017 onwards, and this instrument predates it. That is a limit of the source, not a statement that nothing happened.
Check the source
- This instrument on legislation.gov.uk The authoritative text, including amendments made since
- Other instruments from 1986