Corporate Insolvency and Governance Bill (HC Bill 128)

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Contents page 1-16 17-19 20-37 38-39 40-49 50-59 60-69 70-79 80-89 90-99 Last page

EXPLANATORY NOTES

Explanatory notes to the Bill, prepared by the Department for Business, Energy and
Industrial Strategy, are published separately as 128-EN.

EUROPEAN CONVENTION ON HUMAN RIGHTS

Secretary Alok Sharma has made the following statement under section 19(1)(a) of the
Human Rights Act 1998:

In my view the provisions of the Corporate Insolvency and Governance Bill are com-
patible with the Convention rights.

Contents

  1. Moratorium

    1. 1. Moratoriums in Great Britain

    2. 2. Moratoriums in Great Britain: further amendments and transition

    3. 3. Moratoriums in Great Britain: temporary modifications

    4. 4. Moratoriums in Northern Ireland

    5. 5. Moratoriums in Northern Ireland: further amendments and transition

    6. 6. Moratoriums in Northern Ireland: temporary modifications

  2. Arrangements and reconstructions for companies in financial difficulty

    1. 7. Arrangements and reconstructions for companies in financial difficulty

  3. Winding-up petitions

    1. 8. Winding-up petitions: Great Britain

    2. 9. Winding-up petitions: Northern Ireland

  4. Wrongful trading

    1. 10. Suspension of liability for wrongful trading: Great Britain

    2. 11. Suspension of liability for wrongful trading: Northern Ireland

  5. Termination clauses in supply contracts

    1. 12. Protection of supplies of goods and services: Great Britain

    2. 13. Temporary exclusion for small suppliers: Great Britain

    3. 14. Protection of supplies of electricity, gas, water, etc: Northern Ireland

    4. 15. Further protection of essential supplies: Northern Ireland

    5. 16. Protection of supplies of goods and services: Northern Ireland

    6. 17. Temporary exclusion for small suppliers: Northern Ireland

  6. Power to amend corporate insolvency or governance legislation: Great Britain

    1. 18. Regulations to amend legislation: Great Britain

    2. 19. Purposes

    3. 20. Restrictions

    4. 21. Time-limited effect

    5. 22. Expiry

    6. 23. Consequential provision etc

    7. 24. Procedure for regulations

    8. 25. Interpretation

  7. Power to amend corporate insolvency or governance legislation: Northern Ireland

    1. 26. Regulations to amend legislation: Northern Ireland

    2. 27. Purposes

    3. 28. Restrictions

    4. 29. Time-limited effect

    5. 30. Expiry

    6. 31. Consequential provision etc

    7. 32. Procedure for regulations made by the Department

    8. 33. Procedure for regulations made by the Secretary of State

    9. 34. Interpretation

  8. Meetings and filings

    1. 35. Meetings of companies and other bodies

    2. 36. Temporary extension of period for public company to file accounts

    3. 37. Temporary power to extend periods for providing information to registrar

    4. 38. Section 37: the listed provisions

  9. Powers to change periods

    1. 39. Power to change duration of temporary provisions: Great Britain

    2. 40. Power to change duration of temporary provisions: Northern Ireland

  10. Implementation of insolvency measures

    1. 41. Modified procedure for regulations of the Secretary of State

    2. 42. Modified procedure for regulations of the Welsh Ministers

    3. 43. Modified procedure for regulations of the Scottish Ministers

  11. General

    1. 44. Power to make consequential provision

    2. 45. Extent

    3. 46. Commencement

    4. 47. Short title

    1. Schedule 1

      Moratoriums in Great Britain: eligible companies

    2. Schedule 2

      Moratoriums in Great Britain: contracts involving financial
      services

    3. Schedule 3

      Moratoriums in Great Britain: further amendments

    4. Schedule 4

      Moratoriums in Great Britain: temporary provision

      1. Part 1

        “Relevant period” and powers to turn off temporary provision

      2. Part 2

        Modifications to primary legislation

      3. Part 3

        Temporary rules: England and Wales

      4. Part 4

        Temporary rules: Scotland

    5. Schedule 5

      Moratoriums in Northern Ireland: eligible companies

    6. Schedule 6

      Moratoriums in Northern Ireland: contracts involving
      financial services

    7. Schedule 7

      Moratoriums in Northern Ireland: further amendments

    8. Schedule 8

      Moratoriums in Northern Ireland: temporary provision

      1. Part 1

        “Relevant period” and powers to turn off temporary provision

      2. Part 2

        Modifications to primary legislation

      3. Part 3

        Temporary rules

    9. Schedule 9

      Arrangements and reconstructions for companies in financial
      difficulty

      1. Part 1

        Main provisions

      2. Part 2

        Consequential amendments

    10. Schedule 10

      Winding-up petitions: Great Britain

      1. Part 1

        Prohibition of petitions on basis of statutory demands

      2. Part 2

        Restriction on winding-up petitions and orders

      3. Part 3

        General

    11. Schedule 11

      Winding-up petitions: Northern Ireland

      1. Part 1

        Prohibition of petitions on basis of statutory demands

      2. Part 2

        Restriction on winding-up petitions and orders

      3. Part 3

        General

    12. Schedule 12

      Protection of supplies of goods and services

      1. Part 1

        Exclusions

      2. Part 2

        Consequential amendments

    13. Schedule 13

      Protection of supplies of goods and services: Northern Ireland

      1. Part 1

        Exclusions

      2. Part 2

        Consequential amendments

    14. Schedule 14

      Meetings of companies and other bodies

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