Statutory Instrument 1988 No. 1739

The Insolvency (Amendment) Regulations 1988

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© Crown Copyright 1988

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1988 No. 1739

INSOLVENCY
COMPANIES
INDIVIDUALS, ENGLAND AND WALES

The Insolvency (Amendment) Regulations 1988

The Secretary of State, in exercise of the powers conferred on him by Rule 12.1 of the Insolvency Rules 1986^[1], hereby makes the following Regulations:—

Citation and Commencement
    1.    These Regulations may be cited as the Insolvency (Amendment) Regulations 1988 and shall come into force on 7th November 1988, and that date shall be referred to in these Regulations as "the commencement date".

Interpretation
    2.—(1)  In these Regulations references to "the principal Regulations" are to the Insolvency Regulations 1986^[2] and a regulation or Schedule or Form referred to by number means the regulation or Schedule or Form so numbered in the principal Regulations.

    (2)  These Regulations shall be read and construed as one with the principal Regulations.

Application
    3.—(1)  Subject to paragraph (2), the principal Regulations have effect in relation to insolvency proceedings to which the principal Regulations apply by virtue of regulation 2(5) with the amendments set out in the Schedule to these Regulations.

    (2)  The principal Regulations as so amended apply to all such proceedings on and after the commencement date, whether or not those proceedings were commenced before, on or after the commencement date.

Francis Maude

Parliamentary Under-Secretary of State, Department of Trade and Industry

10th October 1988

[1] S.I. 1986/1925, amended by S.I. 1987/1919. back

[2] S.I. 1986/1994, amended by S.I. 1987/1959. back

Explanatory Note