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Statutory Instruments

2021 No. 718

Insolvency

The Corporate Insolvency and Governance Act 2020 (Coronavirus) (Extension of the Relevant Period) (No. 2) Regulations 2021

Approved by both Houses of Parliament

Made

17th June 2021

Laid before Parliament

21st June 2021

Coming into force

22nd June 2021

The Secretary of State makes the following Regulations in exercise of the power conferred by section 41(1)(b) of the Corporate Insolvency and Governance Act 2020( 1 ).

Further to section 41(1)(b) of that Act, the Secretary of State considers that it is reasonable to amend the relevant provisions specified in regulation 2 of these Regulations 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 2021 and come into force on 22nd June 2021.

Amendment of the Corporate Insolvency and Governance Act 2020

2. In Schedule 10 to the Corporate Insolvency and Governance Act 2020(winding-up petitions: Great Britain)( 3 ), in paragraphs 1(3)(b) and 21(1)(b), for “30 June 2021” substitute “30 September 2021”.

Callanan

Parliamentary Under Secretary of State

Department for Business, Energy and Industrial Strategy

17th June 2021

( 1 )

2020 c. 12 .

( 2 )

For the purposes of section 41 of the Corporate Insolvency and Governance Act 2020, “relevant provision” and “coronavirus” have the meaning given by section 41(2) of that Act.

( 3 )

Paragraphs 1(3)(b) and 21(1)(b) of Schedule 10 were amended by S.I. 2020/1031 , S.I. 2020/1483 and S.I. 2021/375 .

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
The Corporate Insolvency and Governance Act 2020 (Coronavirus) (Extension of the Relevant Period) (No. 2) Regulations 2021 (2021/718)

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