Statutory Instruments
2020 No. 1483
Insolvency
Companies
The Corporate Insolvency and Governance Act 2020 (Coronavirus) (Extension of the Relevant Period) (No. 2) Regulations 2020
Approved by both Houses of Parliament
Made
8th December 2020
Laid before Parliament
9th December 2020
Coming into force
31st December 2020
The Secretary of State makes the following Regulations in exercise of the powers conferred by section 41(1)(b) of the Corporate Insolvency and Governance Act 2020( 1 ).
The Secretary of State considers it reasonable to amend the relevant provisions specified in regulation 2 of these Regulations so as to prolong the period for the time being specified in those provisions in order to mitigate an effect of coronavirus( 2 ).
Citation and commencement
1. These Regulations may be cited as the Corporate Insolvency and Governance Act 2020 (Coronavirus) (Extension of the Relevant Period) (No. 2) Regulations 2020 and come into force on 31st December 2020.
Amendment of the Corporate Insolvency and Governance Act 2020
2. In paragraphs 1(3)(b) and 21(1)(b) of Schedule 10 to the Corporate Insolvency and Governance Act 2020 (winding-up petitions: Great Britain) for “31 December 2020” substitute “31 March 2021”.
Callanan
Parliamentary Under Secretary of State
Department for Business, Energy and Industrial Strategy
8th December 2020
“relevant provision” and “coronavirus” have the meaning given by section 41(2) of the Corporate Insolvency and Governance Act 2020.