Bribery Bill [HL], etc - Delegated Powers and Regulatory Reform Committee Contents

Draft Legislative Reform (Insolvency)(Miscellaneous Provisions) Order 2009

10.   We are considering this LRO at the second stage of the super-affirmative procedure. The Insolvency Service has provided an Accompanying Statement with the laying of the revised draft.

11.   In our 9th Report of the last session [HL Paper 110], we expressed concern that, as it was then drafted, the LRO might fail, in one respect, to meet the precondition that the provision must not remove any necessary protection (section 3(2)(d) of the 2006 Act).

12.   In the light of the Department's change to the original Order, we agree that our previous concern has been addressed. The Order now meets the tests in the 2006 Act and is appropriate to proceed as an LRO.

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