Part XV Subordinate Legislation (ss 411-[422A)
Part XV Subordinate Legislation (ss 411-[422A)

411 Company insolvency rules

(1)     Rules may be made—

(a)     in relation to England and Wales, by the Lord Chancellor with the concurrence of the Secretary of State [and, in the case of rules that affect court procedure, with the concurrence of the Lord Chief Justice], or

(b)     in relation to Scotland, by the Secretary of State,

for the purpose of giving effect to Parts I to VII of this Act [or the] [EU Regulation].

[(1A)     Rules may also be made for the purpose of giving effect to Part 2 of the Banking Act 2009 (bank insolvency orders); and rules for that purpose shall be made—

(a)     in relation to England and Wales, by the Lord Chancellor with the concurrence of—

(i)     the Treasury, and

(ii)     in the case of rules that affect court procedure, the Lord Chief Justice, or

(b)     in relation to Scotland, by the Treasury.]

[(1B)     Rules may also be made for the purpose of giving effect to Part 3 of the Banking Act 2009 (bank administration); and rules for that purpose shall be made—

(a)     in relation to England and Wales, by the Lord Chancellor with the concurrence of—

(i)     the Treasury, and

(ii)     in the case of rules that affect court procedure, the Lord Chief Justice, or

(b)     in relation to Scotland, by the Treasury.]