The Administration (Restrictions on Disposal etc. to Connected Persons) Regulations (Northern Ireland) 2021
These Regulations impose requirements in relation to the disposal, hiring out or sale of a company’s property by an administrator of that company to a connected person. The requirements only apply in the first 8 weeks of administration, and where the disposal, hiring out or sale involves all or a substantial part of the company’s business or assets. This could involve one or more transactions.