The Insolvent Partnerships Order 1994

[^key-abd40b67043523862332a53ee9aa71b7]: Words in Sch. 1 substituted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 6(6)

[^key-add06902ec497dfa25ecd672361c0689]: Words in Sch. 1 substituted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 6(7)

[^key-6bece9713b1f93eba14b1bd8f75f6c02]: Words in Sch. 1 substituted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 6(8)

[^key-9471d17602b88060c261736ab84cffcb]: Sch. 2 substituted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), art. 1(1), Sch. 1 (with art. 2)

[^key-1f21890f261bae02788c6173837a848c]: Sch. 4 para. 28A inserted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 9(4)

[^key-827b457c39a5c07f1c350541e6297d75]: Sch. 4 para. 29A inserted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 9(5)

[^key-ca934fa4198d45e3fa48e7ab93b29b87]: Sch. 7 para. 7A inserted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 10(4)

[^key-eb5811dcebe90649665abb8a1702cdb0]: Sch. 7 para. 20A inserted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 10(5)

[^key-fd181ed9ae0f7182431979a128a74fe3]: Words in Sch. 8 substituted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 11(2)(a)

[^key-3d2f9ef4de4cd7b5059db90700a243ae]: Words in Sch. 8 substituted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 11(2)(b)

[^key-9fe0ca7148d15d0593a3a9f758b12f02]: Words in Sch. 8 substituted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 11(2)(c)

[^key-d7091dcfc4d033778d05149db95846a7]: Words in Sch. 8 substituted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 11(3)

[^key-d0307c40cd015219bab65c113abf1a3e]: Words in Sch. 8 substituted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 11(4)

[^key-3798250cd08a881ad5b3beda75794de8]: Words in Sch. 9 substituted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 12(a) (with art. 2)

[^key-770ccab7433a3a04d3933d3acadd3380]: Words in Sch. 9 inserted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 12(b) (with art. 2)

[^key-c9c23df676ff5a82558e90df7c4b26ba]: Sch. 9 Form 1 substituted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), art. 1(1), Sch. 2 (with art. 2)

[^key-99163ff7e8e726ec1f5a76bd2acf77b5]: Sch. 9 Form 4 substituted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), art. 1(1), Sch. 2 (with art. 2)

[^key-78091cac690facd5f02a5242f36695b2]: Sch. 9 Form 16 substituted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), art. 1(1), Sch. 2 (with art. 2)

[^key-0750d1267f5390e30a9b412a09cbab26]: Words in Sch. 10 substituted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 13(a)

[^key-e88b4dbce1a63402f1c8d7cd4b7c0e9f]: Words in Sch. 10 omitted (1.7.2005) by virtue of The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 13(b)

[^key-9fce928bfad67c6a70035ede4cf695ca]: Words in Sch. 10 substituted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 13(c)

[^key-881370dca7ff56996a35cbef468e8371]: Words in Sch. 10 substituted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 13(d)

[^key-e0c29a5bf43706fe62fdfd131e0cde23]: Words in Sch. 10 substituted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 13(e)

[^key-5e59dcd4f8896842456af1c35da799f0]: Words in Sch. 10 inserted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 13(f)

[^key-02ef01fbf2728dff7fed7524f8797194]: Art. 10(6) substituted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 5(b)

[^key-277b70fb96b489ba9eb648a9bf704cf9]: Words in Sch. 3 para. 10 inserted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 8

[^key-eb7edc8a2e875d40827e57d8531b01d5]: Words in Sch. 4 para. 1(2) inserted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 9(2)

[^key-24fc2c1dcde0cd3dd71018774b7c3d2c]: Words in Sch. 4 para. 15 substituted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 9(3)

[^key-f742f661a1891d305092e146c22290a9]: Words in Sch. 4 para. 30 inserted (1.7.2005) by The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 9(6)

[^key-1edbb3190743d01e1f6954ab11d051be]: Word in Sch. 7 para. 1(2) omitted (1.7.2005) by virtue of The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 10(2)

[^key-2c75eaab87c45ff803ab7dfa9ba92dfa]: Sch. 7 para. 6 omitted (1.7.2005) by virtue of The Insolvent Partnerships (Amendment) Order 2005 (S.I. 2005/1516), arts. 1(1), 10(3)

[^key-9db3562a176bf7a912b0400d2ec3a44f]: Words in Sch. 4 para. 28A inserted (5.12.2005) by The Civil Partnership Act 2004 (Amendments to Subordinate Legislation) Order 2005 (S.I. 2005/2114), art. 1, Sch. 18 para. 2(2)(b)

[^key-280fd39d5f15f7cc2922e0ca2893f50f]: Words in Sch. 4 para. 28A inserted (5.12.2005) by The Civil Partnership Act 2004 (Amendments to Subordinate Legislation) Order 2005 (S.I. 2005/2114), art. 1, Sch. 18 para. 2(2)(a)

[^key-3b32cd3122a0700d68de94720ca0bb3c]: Words in Sch. 4 para. 29A inserted (5.12.2005) by The Civil Partnership Act 2004 (Amendments to Subordinate Legislation) Order 2005 (S.I. 2005/2114), art. 1, Sch. 18 para. 2(3)(a)

[^key-5e5848c465c2c29fa45b595b829e73ce]: Words in Sch. 4 para. 29A inserted (5.12.2005) by The Civil Partnership Act 2004 (Amendments to Subordinate Legislation) Order 2005 (S.I. 2005/2114), art. 1, Sch. 18 para. 2(3)(b)

[^key-6047e37da3010468a006f883a2f55506]: Words in Sch. 7 para. 7A inserted (5.12.2005) by The Civil Partnership Act 2004 (Amendments to Subordinate Legislation) Order 2005 (S.I. 2005/2114), art. 1, Sch. 18 para. 2(4)(a)

[^key-4573e5d93974b5b001b9d7d6919fa015]: Words in Sch. 7 para. 7A inserted (5.12.2005) by The Civil Partnership Act 2004 (Amendments to Subordinate Legislation) Order 2005 (S.I. 2005/2114), art. 1, Sch. 18 para. 2(4)(b)

[^key-f28bd77af72a5053fc9b2945692e02fe]: Words in Sch. 7 para. 20A inserted (5.12.2005) by The Civil Partnership Act 2004 (Amendments to Subordinate Legislation) Order 2005 (S.I. 2005/2114), art. 1, Sch. 18 para. 2(5)(a)

[^key-43cd3b911c5dae397c0ab818bb03d1b3]: Words in Sch. 7 para. 20A inserted (5.12.2005) by The Civil Partnership Act 2004 (Amendments to Subordinate Legislation) Order 2005 (S.I. 2005/2114), art. 1, Sch. 18 para. 2(5)(b)

[^key-90cc4fe1ef1ff10c2d6509fd21cf7c96]: Words in Sch. 3 para. 6 substituted (3.4.2006) by The Lord Chancellor (Transfer of Functions and Supplementary Provisions) Order 2006 (S.I. 2006/680), art. 1, Sch. 2 para. 6(2)

[^key-63e3337f7215be1a20f55a0ecb87a301]: Words in Sch. 3 para. 6 inserted (3.4.2006) by The Lord Chancellor (Transfer of Functions and Supplementary Provisions) Order 2006 (S.I. 2006/680), art. 1, Sch. 2 para. 6(3)

[^key-dd8150ecf22456fba04499ecd4e6da10]: Words in Sch. 4 para. 5 substituted (3.4.2006) by The Lord Chancellor (Transfer of Functions and Supplementary Provisions) Order 2006 (S.I. 2006/680), art. 1, Sch. 2 para. 7(2)

[^key-c626665f5fca3dd4674bcc92d2c33335]: Words in Sch. 4 para. 5 inserted (3.4.2006) by The Lord Chancellor (Transfer of Functions and Supplementary Provisions) Order 2006 (S.I. 2006/680), art. 1, Sch. 2 para. 7(3)

[^key-aefecd1693d8e328f4b3c17918af6c2e]: Words in Sch. 5 para. 1 substituted (3.4.2006) by The Lord Chancellor (Transfer of Functions and Supplementary Provisions) Order 2006 (S.I. 2006/680), art. 1, Sch. 2 para. 6(2)

[^key-da6381a9297b8518a02aa1cd7ac7efe2]: Words in Sch. 5 para. 1 inserted (3.4.2006) by The Lord Chancellor (Transfer of Functions and Supplementary Provisions) Order 2006 (S.I. 2006/680), art. 1, Sch. 2 para. 6(3)

[^key-a708415e5cf02e252599745155b68b79]: Words in Sch. 6 para. 1 inserted (3.4.2006) by The Lord Chancellor (Transfer of Functions and Supplementary Provisions) Order 2006 (S.I. 2006/680), art. 1, Sch. 2 para. 7(3)

[^key-30bd9c30cc15ad5719e6720033b7de69]: Words in Sch. 6 para. 1 substituted (3.4.2006) by The Lord Chancellor (Transfer of Functions and Supplementary Provisions) Order 2006 (S.I. 2006/680), art. 1, Sch. 2 para. 7(2)

[^key-5ef474dea62c44c7e6c604633c00e627]: Sch. 9 Form 1A substituted (6.4.2006) by The Insolvent Partnerships (Amendment) Order 2006 (S.I. 2006/622), art. 1(1), Sch. (with art. 2)

[^key-a87188a6dbd3c66e3323e1127c4af33e]: Sch. 9 Form 1B substituted (6.4.2006) by The Insolvent Partnerships (Amendment) Order 2006 (S.I. 2006/622), art. 1(1), Sch. (with art. 2)

[^key-23941e3c6aecc2fc01885d7b71336b89]: Words in art. 8(5)(a) omitted (6.4.2006) by virtue of The Insolvent Partnerships (Amendment) Order 2006 (S.I. 2006/622), arts. 1(1), 3 (with art. 2)

[^key-0b182ad59d75691f90f2263a3946a5ca]: Words in art. 10(3)(a) omitted (6.4.2006) by virtue of The Insolvent Partnerships (Amendment) Order 2006 (S.I. 2006/622), arts. 1(1), 4 (with art. 2)

[^key-8fcf9bc7d34f7690a5d3dd69f1500205]: Word in Sch. 2 para. 7 inserted (6.4.2006) by The Insolvent Partnerships (Amendment) Order 2006 (S.I. 2006/622), arts. 1(1), 5(2)(a) (with art. 2)

[^key-1a0a08b6f57dea2186a58511af2e5da2]: Words in Sch. 2 para. 8 substituted (6.4.2006) by The Insolvent Partnerships (Amendment) Order 2006 (S.I. 2006/622), arts. 1(1), 5(2)(b) (with art. 2)

[^key-66022fbdd9358fbf14cd445cf3801449]: Word in Sch. 3 para. 3 inserted (6.4.2006) by The Insolvent Partnerships (Amendment) Order 2006 (S.I. 2006/622), arts. 1(1), 6 (with art. 2)

[^key-98404c4925061e3bb99b7753c66f38de]: Word in Sch. 4 para. 3 inserted (6.4.2006) by The Insolvent Partnerships (Amendment) Order 2006 (S.I. 2006/622), arts. 1(1), 7 (with art. 2)

[^key-1ff60e869ca83dcd83fb47dbf49abe51]: Word in Sch. 5 para. 2 inserted (6.4.2006) by The Insolvent Partnerships (Amendment) Order 2006 (S.I. 2006/622), arts. 1(1), 8 (with art. 2)

[^key-aca90bc7b151584d756ca324e5ed4f7e]: Word in Sch. 6 para. 4 inserted (6.4.2006) by The Insolvent Partnerships (Amendment) Order 2006 (S.I. 2006/622), arts. 1(1), 9 (with art. 2)

[^key-57a7e2aec620d2480da391f56683d458]: Order applied in part (with modifications) (8.2.2011) by The Investment Bank Special Administration Regulations 2011 (S.I. 2011/245), reg. 1, Sch. 4 (as amended (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), Sch. 2 para. 198(r) (with Sch. 2 para. 213))

[^key-4cdd877bcc49765a66be9076218a7895]: Words in Sch. 1 Pt. 1 substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), art. 1(1), Sch. 2 para. 11(a)

[^key-b3e522bc2cd95c19aee8898a4ace5878]: Words in Sch. 2 para. 17 substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), art. 1(1), Sch. 2 para. 11(b)

[^key-6b4f87b615111ae19a84ed92361b1ac9]: Word in Sch. 1 omitted (1.1.2015) by virtue of The Banks and Building Societies (Depositor Preference and Priorities) Order 2014 (S.I. 2014/3486), arts. 1(2), 12(2)(a) (with art. 3)

[^key-0272fea762e6f1c4b9b293a1826c6449]: Words in Sch. 1 inserted (1.1.2015) by The Banks and Building Societies (Depositor Preference and Priorities) Order 2014 (S.I. 2014/3486), arts. 1(2), 12(2)(b) (with art. 3)

[^key-70adb0e4e7aa728fb582320e451cc036]: Words in Sch. 1 substituted (1.1.2015) by The Banks and Building Societies (Depositor Preference and Priorities) Order 2014 (S.I. 2014/3486), arts. 1(2), 12(2)(c)(i) (with art. 3)

[^key-5b32bf071c8df0bbf029fc54b236afe4]: Words in Sch. 1 substituted (1.1.2015) by The Banks and Building Societies (Depositor Preference and Priorities) Order 2014 (S.I. 2014/3486), arts. 1(2), 12(2)(c)(ii) (with art. 3)

[^key-086997d34c346d493fd8b9c23561e029]: Words in Sch. 1 inserted (1.1.2015) by The Banks and Building Societies (Depositor Preference and Priorities) Order 2014 (S.I. 2014/3486), arts. 1(2), 12(2)(d) (with art. 3)

[^key-069fa85c9fbfaa4ab97ef881da291dee]: Words in Sch. 1 inserted (1.1.2015) by The Banks and Building Societies (Depositor Preference and Priorities) Order 2014 (S.I. 2014/3486), arts. 1(2), 12(3) (with art. 3)

[^key-6d9cefd04d73c5232c8527d3e3154d3b]: Word in Sch. 2 para. 25 omitted (1.1.2015) by virtue of The Banks and Building Societies (Depositor Preference and Priorities) Order 2014 (S.I. 2014/3486), arts. 1(2), 13(2)(a) (with art. 3)

[^key-b97d9c9e90d887d263dfae9c38aaa46c]: Words in Sch. 2 para. 25 inserted (1.1.2015) by The Banks and Building Societies (Depositor Preference and Priorities) Order 2014 (S.I. 2014/3486), arts. 1(2), 13(2)(b) (with art. 3)

[^key-dbaac1e7eb42969f259cf04ef771c56a]: Words in Sch. 2 para. 25 substituted (1.1.2015) by The Banks and Building Societies (Depositor Preference and Priorities) Order 2014 (S.I. 2014/3486), arts. 1(2), 13(2)(c) (with art. 3)

[^key-a53beecd9585831f91e8955d854c6838]: Words in Sch. 2 para. 25 inserted (1.1.2015) by The Banks and Building Societies (Depositor Preference and Priorities) Order 2014 (S.I. 2014/3486), arts. 1(2), 13(2)(d) (with art. 3)

[^key-f0657bff68fa3513c5f1aed6af34427a]: Words in Sch. 4 para. 23 substituted (1.1.2015) by The Banks and Building Societies (Depositor Preference and Priorities) Order 2014 (S.I. 2014/3486), arts. 1(2), 14(2) (with art. 3)

[^key-436b0f9186ada9e2c228d3b33b39c9da]: Words in Sch. 4 para. 23 substituted (1.1.2015) by The Banks and Building Societies (Depositor Preference and Priorities) Order 2014 (S.I. 2014/3486), arts. 1(2), 14(3) (with art. 3)

[^key-444217eedd69cb9458fac6baaea3cd68]: Words in Sch. 4 para. 23 substituted (1.1.2015) by The Banks and Building Societies (Depositor Preference and Priorities) Order 2014 (S.I. 2014/3486), arts. 1(2), 14(4) (with art. 3)

[^key-03199797f866424ffaf725de1049e43d]: Words in Sch. 7 para. 21 substituted (1.1.2015) by The Banks and Building Societies (Depositor Preference and Priorities) Order 2014 (S.I. 2014/3486), arts. 1(2), 15(2) (with art. 3)

[^key-e3fad7810c8b8b7887874a2c223df90a]: Words in Sch. 7 para. 21 substituted (1.1.2015) by The Banks and Building Societies (Depositor Preference and Priorities) Order 2014 (S.I. 2014/3486), arts. 1(2), 15(3) (with art. 3)

[^key-a36783c3f02693c8ce6b408d429533fd]: Words in Sch. 7 para. 21 substituted (1.1.2015) by The Banks and Building Societies (Depositor Preference and Priorities) Order 2014 (S.I. 2014/3486), arts. 1(2), 15(4) (with art. 3)

[^key-3a6da690248678f7a5cf66fb5109225e]: Words in Sch. 1 Pt. 1 omitted (1.10.2015) by virtue of The Deregulation Act 2015 (Insolvency) (Consequential Amendments and Transitional and Savings Provisions) Order 2015 (S.I. 2015/1641), art. 3, Sch. 2 para. 1(2)(a)

[^key-280b662cb17ab67943be3e5986308622]: Words in Sch. 1 Pt. 1 omitted (1.10.2015) by virtue of The Deregulation Act 2015 (Insolvency) (Consequential Amendments and Transitional and Savings Provisions) Order 2015 (S.I. 2015/1641), art. 3, Sch. 2 para. 1(2)(b)

[^key-f423c719b970efb86dafcdac050e47b0]: Words in Sch. 1 Pt. 1 omitted (1.10.2015) by virtue of The Deregulation Act 2015 (Insolvency) (Consequential Amendments and Transitional and Savings Provisions) Order 2015 (S.I. 2015/1641), art. 3, Sch. 2 para. 1(2)(c)

[^key-f3ea2fb51471b4e37dd3d2e2c755b300]: Words in Sch. 1 Pt. 1 omitted (1.10.2015) by virtue of The Deregulation Act 2015 (Insolvency) (Consequential Amendments and Transitional and Savings Provisions) Order 2015 (S.I. 2015/1641), art. 3, Sch. 2 para. 1(2)(d)

[^key-5970be6ad184d53e324e7289ab071e13]: Words in art. 4(3)(a) inserted (1.10.2015) by The Insolvency (Protection of Essential Supplies) Order 2015 (S.I. 2015/989), art. 1(1), Sch. para. 1

[^key-2e6e44e46597b7e19cabf6c8b7a35a23]: Words in art. 10(4) substituted (6.4.2016) by The Enterprise and Regulatory Reform Act 2013 (Consequential Amendments) (Bankruptcy) and the Small Business, Enterprise and Employment Act 2015 (Consequential Amendments) Regulations 2016 (S.I. 2016/481), reg. 1, Sch. 2 para. 5(2)(a)

[^key-17a5694eacd20ba4ae8ed7929a8d5515]: Words in art. 10(5)(a) omitted (6.4.2016) by virtue of The Enterprise and Regulatory Reform Act 2013 (Consequential Amendments) (Bankruptcy) and the Small Business, Enterprise and Employment Act 2015 (Consequential Amendments) Regulations 2016 (S.I. 2016/481), reg. 1, Sch. 2 para. 5(2)(b)

[^key-6836e888748b44cfc33dcbd88ab446ff]: Word in art. 11(2) substituted (6.4.2016) by The Enterprise and Regulatory Reform Act 2013 (Consequential Amendments) (Bankruptcy) and the Small Business, Enterprise and Employment Act 2015 (Consequential Amendments) Regulations 2016 (S.I. 2016/481), reg. 1, Sch. 2 para. 5(3)(a)

[^key-c190935273096ee4896d9aa16604abf0]: Words in art. 11(2) substituted (6.4.2016) by The Enterprise and Regulatory Reform Act 2013 (Consequential Amendments) (Bankruptcy) and the Small Business, Enterprise and Employment Act 2015 (Consequential Amendments) Regulations 2016 (S.I. 2016/481), reg. 1, Sch. 2 para. 5(3)(b)

Explanatory note

(This note is not part of the Order)

This Order revokes and replaces the Insolvent Partnerships Order 1986 (S.I. 1986/2142) (“the 1986 Order”). Like the 1986 Order it provides a code for the winding up of insolvent partnerships, but it also introduces two new procedures— voluntary arrangements and administrations— for insolvent partnerships.

The Order differs in form from the 1986 Order in that, rather than making textual amendments to the provisions of the Insolvency Act 1986 (c. 45) (“the Act”) applied by the Order with modifications, it sets the modified provisions out in full in the Schedules to the Order. In so doing, many of the provisions applying to partnerships, individual members and corporate members (as defined in article 2) have been amalgamated.

The following are the main provisions of the Order, and the main changes made to the 1986 Order:—

1Article 4 and Schedule 1 apply Part I of the Act (company voluntary arrangements) to insolvent partnerships for the first time, with appropriate modifications.

2Article 6 and Schedule 2 apply Part II of the Act (administration orders) to insolvent partnerships for the first time, with appropriate modifications.

3Where an insolvent partnership is wound up under Part V of the Act as an unregistered company without involving the concurrent insolvency of any of its members, separate provision is now made depending on whether the winding up is on the petition of a creditor, a responsible insolvency practitioner or the Secretary of State (article 7 and Schedule 3) or a member’s petition (article 9 and Schedule 5). A main change from the corresponding provisions in the 1986 Order is that the jurisdictional requirements of the 1986 Order have been modified so far as creditors' petitions are concerned. Under the 1986 Order the courts in England and Wales only had jurisdiction if the partnership had a principal place of business in England and Wales. Under the Order, whilst that remains the case on a member’s petition, the court also has jurisdiction on a creditor’s petition if the insolvent partnership has a place of business in England and Wales (which in the case of the county court must be in the relevant insolvency district) at which business is carried on in the course of which the petition debt arose (Schedule 3 paragraphs 3 and 6; Schedule 5, paragraphs 1 and 2). Special rules apply for partnerships which also have a principal place of business in Scotland or Northern Ireland.

4Where the winding up of an insolvent partnership involves the concurrent insolvency of its members, separate provision is now made depending on whether the appropriate petitions are presented by a creditor (article 8 and Schedule 4) or a member (article 10 and Schedules 4 and 6). Other main changes from the 1986 Order are:—aon a creditor’s petition, a minimum of one member (rather than two as previously) needs to be made insolvent concurrently with the partnership (article 8(1));bthe jurisdictional requirements are as set out in paragraph 3 of this Note (Schedule 4, paragraphs 3 and 5; Schedule 6, paragraphs 1 and 4);cthe Order makes further modifications to section 271 of the Act which was the subject of a decision of the Court of Appeal in In Re Marr (A Bankrupt) (1990 2 WLR 1264) (Schedule 4 paragraph 9; Schedule 6, paragraph 3);don the making of a bankruptcy order against an individual member the official receiver no longer becomes receiver and manager pending the appointment of a trustee, but becomes trustee unless and until another responsible insolvency practitioner (as defined in article 2) is appointed in his place (Schedule 4, paragraph 12);ethe Order removes the mandatory requirement under section 136 of the Act as modified by the 1986 Order for the official receiver to summon a meeting of creditors to choose a person to be responsible insolvency practitioner in his place and replaces it with a discretion to do so, as is the case in section 136 in unmodified form. The official receiver is however under a duty to consider the exercise of that discretion under section 136A (Schedule 4, paragraph 12); andfSchedule 4, paragraphs 23 and 24 contain modified provisions on the order of priority of payment of expenses and debts out of the joint and separate estates. In particular, where the joint estate is not sufficient for the payment of the joint debts, it provides for the responsible insolvency practitioner to lodge a claim representing the aggregate value of the outstanding amount of those debts in the separate estate of each member against whom an insolvency order has been made.

5Provision for the individual members of an insolvent partnership to present petitions for their bankruptcy (provided there are no corporate or limited partners) is now made by article 11 and Schedule 7. Main changes from the 1986 Order are:—athe court may issue a certificate of summary administration of the estate of any qualifying member (Schedule 7, paragraph 6); andbSchedule 7, paragraph 21 contains modified provisions on the order of priority of payment of expenses and debts out of the joint and separate estates. In particular it makes provisions similar to those referred to in paragraph 4(f) above.

6Article 16 and Schedule 8 apply specified provisions of the Company Directors Disqualification Act 1986 (c. 46) where an insolvent partnership is wound up as an unregistered company under Part V of the Act.

7The relevant forms for use in proceedings under the Order are contained in Schedule 9 (article 17).

8Article 18 and Schedule 10 specify the subordinate legislation which is to apply for the purposes of giving effect to the provisions of the Act and of the Company Directors Disqualification Act 1986 applied by the Order.

9Article 19 of the Order contains supplemental and transitional provisions.

10A Compliance Cost Assessment is available, copies of which have been placed in the libraries of both Houses of Parliament. Copies are also available from The Insolvency Service of the Department of Trade and Industry, PO Box 203, Room 5.1, 21 Bloomsbury Street, London WC1B 3QW.

Footnotes

[^f00001]: 1986 c. 45.

[^f00002]: 1986 c. 46; the amendments to section 21(2) made by the Companies Act 1989 (c. 40) are not relevant for the purposes of this Order.

[^f00003]: 1928 c. 43.

[^f00004]: S.I. 1986/1925, amended by S.I. 1987/1919, S.I. 1989/397, S.I. 1991/495 and S.I. 1993/602.

[^f00005]: 1907 c. 24.

[^f00006]: 1890 c. 39.

[^f00007]: S.I. 1994/2421.

[^f00008]: 1986 c. 60.

[^f00009]: 1987 c. 22.

[^f00011]: Schedule 1 to the Company Directors Disqualification Act 1986 was amended by sections 23 and 139(4) of, and paragraph 35(1) and (3) of Schedule 10 to, the Companies Act 1989.

[^f00012]: S.I. 1986/2142.

[^f00014]: 1914 c. 59.

[^f00018]: 1986 c. 46.

[^f00019]: 1890 c. 39

[^f00020]: S.I. 1986/1925, amended by S.I. 1987/1919, S.I. 1989/397, S.I. 1991/495 and S.I. 1993/602.

[^f00021]: S.I. 1986/1994, amended by S.I. 1987/1959, S.I. 1988/1739 and S.I. 1991/380.

[^f00022]: S.I. 1986/2030, amended by S.I. 1988/95, S.I. 1990/560, S.I. 1991/496 and S.I. 1992/34.

[^f00023]: 1838 c. 110.

[^f00024]: 1986 c. 46.

[^f00026]: 1890 c. 39.

[^f00027]: S.I. 1986/1925, amended by S.I. 1987/1919, S.I. 1989/397, S.I. 1991/495 and S.I. 1993/602.

[^f00028]: S.I. 1986/1994, amended by S.I. 1987/1959, S.I. 1988/1739 and S.I. 1991/380.

[^f00029]: S.I. 1986/2030, amended by S.I. 1988/95, S.I. 1990/560, S.I. 1991/496 and S.I. 1992/34.

[^f00030]: 1838 c. 110.

[^f00031]: 1986 c. 46.

[^f00036]: 1907 c. 24.

[^f00037]: S.I. 1986/952.

[^f00038]: S.I. 1986/1764.

[^f00039]: S.I. 1986/1925, amended by S.I. 1987/1919, S.I. 1989/397, S.I. 1991/495 and S.I. 1993/602.

[^f00041]: S.I. 1986/1996.

[^f00042]: S.I. 1986/1999.

[^f00043]: S.I. 1986/2001, amended by S.I. 1986/2245 and S.I. 1987/1398.

[^f00046]: S.I. 1986/2123.

[^f00048]: S.I. 1987/2023.