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| Modernisation of the Insolvency Rules
Insolvency Service Policy Unit has delivered the first two phases of the project to modernise the Insolvency Rules. Substantive amendments to modernise the provisions within the existing Insolvency Rules 1986 were delivered in April 2009 (new insolvency advertising regime & DRO Rules) and in April 2010 (wider range of modernisation changes, including e-delivery provisions etc). The final phase of Rules modernisation will deliver a new set of Insolvency Rules which will restructure the existing Insolvency Rules 1986 (as amended more than 20 times) and drive consistency across all insolvency procedures. We are planning to make only a very limited number of further changes to the substance of the provisions within the new Insolvency Rules, principally in response to feedback that we receive from our on-going engagement with insolvency users. Our timetable is challenging and will require all user comments to be received by the end of January 2011. to enable us to clear the Rules through the Insolvency Rules Committee in good time to publish the final version well ahead of the 2012 commencement date. Below you will find links showing the very latest draft structure and Parts prepared for the new Insolvency Rules, upon which your feedback and observations are invited now. Further down the page there are links providing general Project updates and also information on the 2009 & 2010 Rules modernisation amendments that have previously been delivered. New Insolvency Rules for 2012 Insolvency Rules for 2012-Consultation Draft - COMMENTS WELCOME
Project updates-Rules Modernisation Modernisation Rules-April 2010 Modernisation Rules-update with Stakeholder Commentary-26 March 2010 Insolvency (Scotland) Amendment Rules 2010 Modernisation Rules-tracked change version of full Rules-February 2010 Modernisation & Consolidation of Secondary Insolvency Legislation - Update October 2009 Modernisation Rules-April 2009 Modernisation & Consolidation of Secondary Insolvency Legislation - Update March 2009
For more information contact Neil Ogilvie e-mail policy.unit@insolvency.gsi.gov.uk
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