Statutory Instruments
2007 No. 1906
INSOLVENCY
COMPANIES
The Insolvent Companies (Disqualification of Unfit Directors) Proceedings (Amendment) Rules 2007
Made
5th July 2007
Laid before Parliament
6th July 2007
Coming into force
6th August 2007
The Lord Chancellor has consulted the Committee existing for the purposes of section 413 of the Insolvency Act 1986.
The Lord Chancellor, in the exercise of his powers under section 411 of the Insolvency Act 1986( 1 ) and section 21(2) of the Company Directors Disqualification Act 1986( 2 ), with the concurrence of the Secretary of State, and of the Chancellor of the High Court (by the authority of the Lord Chief Justice under section 411(7) of the Insolvency Act 1986) in relation to those rules that affect court procedure, makes the following Rules:
Citation, commencement, interpretation and saving provision
1. —(1) These Rules may be cited as the Insolvent Companies (Disqualification of Unfit Directors) Proceedings (Amendment) Rules 2007 and shall come into force on 6th August 2007 (“ the commencement date ”).
(2) In these Rules “the principal Rules” means the Insolvent Companies (Disqualification of Unfit Directors) Proceedings Rules 1987( 3 ).
(3) The principal Rules without the amendments made by these Rules shall continue to apply to any application made in accordance with the principal Rules before the commencement date.
Amendment to Rule 1 of the principal Rules
2. —(1) Rule 1 of the principal Rules is amended as follows.
(2) For Rule 1(3) substitute—
“ (3) These Rules apply to an application made under the Company Directors Disqualification Act on or after 6th August 2007—
(a) for leave to commence proceedings for a disqualification order after the end of the period mentioned in section 7(2) of that Act;
(b) to enforce any duty arising under section 7(4) of that Act;
(c) for a disqualification order where made—
(i) by the Secretary of State or the official receiver under section 7(1) of that Act (disqualification of unfit directors of insolvent companies);
(ii) by the Secretary of State under section 8 of that Act (disqualification after investigation of company); or
(iii) by the Office of Fair Trading or a specified regulator under section 9A of that Act (competition disqualification order);
(d) under section 8A of that Act (variation etc. of disqualification undertaking); or—
(e) for leave to act under—
(i) section 1A(1) or 9B(4) of that Act (and section 17 of that Act as it applies for the purposes of either of those sections); or
(ii) sections 1 and 17 as they apply for the purposes of section 6, 7(1), 8, 9A or 10 of that Act. ” .
Amendment to Rule 2 of the principal Rules
3. —(1) Rule 2 of the principal Rules is amended as follows.
(2) For Rule 2(2) substitute—
“ (2) Subject to paragraph (5), an application shall be made either—
(a) by claim form as provided by the relevant practice direction and the claimant must use the CPR Part 8 (alternative procedure for claims) procedure, or
(b) by application notice as provided for by the relevant practice direction. ” .
(3) After Rule 2(4) insert—
“ (5) The Insolvency Rules 1986 shall apply to an application to enforce any duty arising under section 7(4) of the Company Directors Disqualification Act made against a person who at the date of the application is acting as liquidator, administrator or administrative receiver. ” .
Insertion of new Rule 2A
4. After Rule 2 insert—
“ Application of Rules 3 to 8
2A. Rules 3 to 8 only apply to the types of application referred to in Rule 1(3)(c). ” .
Jack Straw
Lord Chancellor
1st July 2007
I concur, by the authority of the Lord Chief Justice
Andrew Morritt
The Chancellor of the High Court
4th July 2007
I concur, on behalf of the Secretary of State
Stephen Timms
Minister of State for Competitiveness and Consumer Affairs
Department for Business, Enterprise and Regulatory Reform
5th July 2007