SIP 2 Investigations by office holders in administrations and insolvent liquidation and submission of conduct reports by office holders - Effective date 6 April 2016

Date published: 06 April 2016

Topics:

Insolvency service

Insolvency and partnerships

This statement deals specifically with the investigations of an office holder in administration or insolvent liquidation:-

Revision of Statement of Insolvency Practice 2 to include conduct reporting obligations with effect from 6 April 2016
Statement of Insolvency Practice 4 to be withdrawn with effect from 6 October 2016

Details

New legislative provisions concerning the reporting obligations of insolvency office holders on the conduct of those that formerly controlled a company will come into effect from 6 April 2016:

The Insolvent Companies (Reports on Conduct of Directors) (England and Wales) Rules 2016
The Insolvent Companies (Reports on Conduct of Directors) (Scotland) Rules 2016
The Small Business, Enterprise and Employment Act 2015 (Consequential Amendments) (Reports on Conduct of Directors) (Northern Ireland) Regulations 2016
Small Business, Enterprise and Employment Act 2015
Deregulation Act 2015

Documents

SIP 2 Cover note
PDF (12 KB)

SIP 2 Investigations by office holders in administrations and insolvent liquidation submission of conduct reports by office holders - Effective date 6 April 2016
PDF (20 KB)

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