Statutory Instruments
2020 No. 647
Exiting The European Union
Insolvency
The Insolvency (Amendment) (EU Exit) Regulations 2020
Made
26th June 2020
Laid before Parliament
30th June 2020
Coming into force in accordance with regulation 1(2)
Citation and commencement
1. —(1) These Regulations may be cited as the Insolvency (Amendment) (EU Exit) Regulations 2020.
(2) These Regulations come into force immediately before IP completion day.
Amendments to the Insolvency (Amendment) (EU Exit) Regulations 2019
2.The Insolvency (Amendment) (EU Exit) Regulations 2019( 3 ) are amended as follows—
(a) in regulation 4—
(i) in paragraph (1) omit “Subject to regulation 5” and subparagraph (a),
(ii) for paragraph (2) substitute—
“ (2) The amendments made by these Regulations do not apply in respect of any insolvency proceedings and actions falling within Article 67(3)(c) of the withdrawal agreement. ” , and
(iii) omit paragraphs (3), (4) and (5);
(b) omit regulation 5.
Callanan
Minister for Small Business, Consumers and Labour Markets
Department for Business, Energy and Industrial Strategy
26th June 2020
Section 8B was inserted by section 18 of the European Union (Withdrawal Agreement) Act 2020 (c. 1) .