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In force since 2024-06-28, as the publisher states.
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Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.
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2024 No. 626 Insolvency, England And Wales Insolvency Proceedings (Monetary Limits) (Amendment) Order 2024 Made 9th May 2024 Laid before Parliament 10th May 2024 Coming into force 28th June 2024 The Secretary of State, in exercise of the powers conferred by section 418 of the Insolvency Act 1986, makes the following Order.
Propose a change(1) This Order may be cited as the Insolvency Proceedings (Monetary Limits) (Amendment) Order 2024 and comes into force on 28th June 2024. (2) The amendments made by this Order apply in relation to applications for a debt relief order made under section 251B(1) of the Insolvency Act 1986 on or after the date on which this Order comes into force. (3) This Order extends to England and Wales.
Propose a change(1) The Insolvency Proceedings (Monetary Limits) Order 1986 is amended as follows. (2) In column 3 (monetary amounts) of Part 2 of the Schedule, in the entry for the maximum amount of a person’s debts, for “£30,000” substitute “£50,000”.
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