The Insolvency (Northern Ireland) Order 1989, Article 59A (Appointed Date) Order (Northern Ireland) 2006
This Order provides the date required by Article 59A(3)(a) of the Insolvency (Northern Ireland) Order 1989 which is prospectively inserted by Article 5(1) of the Insolvency (Northern Ireland) Order 2005. Floating charges created on or after this date will be subject to the provisions of Article 59A of the Insolvency (Northern Ireland) Order 1989 which prohibits the appointment of an administrative receiver in respect of such a charge unless it falls within one of the exceptions specified in Articles 59B to 59I.