lexiara

CIGA 2020 — Corporate Insolvency and Governance Act 2020

law · United Kingdom · ukpga/2020/12

2190 provisions

Defined terms · All instruments

1 Moratoriums in Great Britain
1
2
3
2 Moratoriums in Great Britain: further amendments and transition
1
2
3
3 Moratoriums in Great Britain: temporary modifications
4 Moratoriums in Northern Ireland
1
2
3
5 Moratoriums in Northern Ireland: further amendments and transition
1
2
3
4
6 Moratoriums in Northern Ireland: temporary modifications
7 Arrangements and reconstructions for companies in financial difficulty
8 Administration in Great Britain: sales to connected persons
1
2
9 Administration in Northern Ireland: sales to connected persons
1
2
3
4
5
6
10 Winding-up petitions: Great Britain
11 Winding-up petitions: Northern Ireland
12 Suspension of liability for wrongful trading: Great Britain
1
2
3
4
5
6
7
8
9
13 Suspension of liability for wrongful trading: Northern Ireland
1
2
3
4
5
6
7
8
9
14 Protection of supplies of goods and services: Great Britain
1
2
3
4
15 Temporary exclusion for small suppliers: Great Britain
1
2
3
4
5
6
7
8
9
10
11
16 Protection of supplies of electricity, gas, water, etc: Northern Ireland
1
2
3
4
5
6
17 Further protection of essential supplies: Northern Ireland
1
2
3
18 Protection of supplies of goods and services: Northern Ireland
1
2
3
4
19 Temporary exclusion for small suppliers: Northern Ireland
1
2
3
4
5
6
7
8
9
10
11
20 Regulations to amend legislation: Great Britain
1
2
3
21 Purposes
1
2
22 Restrictions
1
2
3
4
23 Time-limited effect
1
2
3
4
5
24 Expiry
1
2
3
4
25 Consequential provision etc
1
2
26 Procedure for regulations
1
2
3
4
5
6
7
8
27 Interpretation
1
2
28 Regulations to amend legislation: Northern Ireland
1
2
3
4
29 Purposes
1
2
30 Restrictions
1
2
3
31 Time-limited effect
1
2
3
4
5
32 Expiry
1
2
3
4
33 Consequential provision etc
1
2
34 Procedure for regulations made by the Department
1
2
3
4
5
6
7
8
9
10
11
35 Procedure for regulations made by the Secretary of State
1
2
3
4
5
6
7
8
36 Interpretation
1
2
3
37 Meetings of companies and other bodies
38 Temporary extension of period for public company to file accounts
1
2
3
4
39 Temporary power to extend periods for providing information to registrar
1
2
3
4
5
6
7
8
9
40 Section 39: the listed provisions
41 Power to change duration of temporary provisions: Great Britain
1
2
3
4
5
6
7
8
9
10
42 Power to change duration of temporary provisions: Northern Ireland
1
2
3
4
5
6
7
8
9
10
11
12
13
43 Modified procedure for regulations of the Secretary of State
1
2
3
4
5
6
7
44 Modified procedure for regulations of the Welsh Ministers
1
2
3
4
5
6
45 Modified procedure for regulations of the Scottish Ministers
1
2
3
4
5
6
46 Modified procedure for regulations of Northern Ireland departments
1
2
3
4
5
6
47 Power to make consequential provision
1
2
3
4
5
6
7
8
48 Extent
1
2
3
4
5
6
49 Commencement
1
2
3
4
5
6
50 Short title
A1 Overview
1
2
3
4
5
6
7
8
9
A2 Eligible companies
A3 Obtaining a moratorium by filing or lodging documents at court
1
2
3
A4 Obtaining a moratorium for company subject to winding-up petition
1
2
3
4
5
A5 Obtaining a moratorium for other overseas companies
1
2
3
4
A6 The relevant documents
1
2
3
4
5
A7 Beginning of moratorium and appointment of monitor
1
2
A8 Obligations to notify where moratorium comes into force
1
2
3
4
5
A9 End of the moratorium
1
2
3
4
5
6
A10 Extension by directors without creditor consent
1
2
3
A11 Extension by directors with creditor consent
1
2
3
4
A12 Creditor consent for the purposes of section A11
1
2
3
4
5
6
7
A13 Extension by court on application of directors
1
2
3
4
5
6
7
8
A14 Extension while proposal for CVA pending
1
2
3
A15 Extension by court in the course of other proceedings
1
2
A16 Company enters into insolvency procedure etc
1
2
3
A17 Obligations to notify change in end of moratorium
1
2
3
4
5
6
7
8
A18 Overview and construction of references to payment holidays
1
2
3
4
5
6
7
A19 Publicity about moratorium
1
2
3
4
5
6
A20 Restrictions on insolvency proceedings etc
1
2
3
A21 Restrictions on enforcement and legal proceedings
1
2
3
4
5
6
A22 Floating charges
1
2
3
4
5
6
7
A23 Enforcement of security granted during moratorium
1
2
A24 Duty of directors to notify monitor of insolvency proceedings etc
1
2
3
4
A25 Restrictions on obtaining credit
1
2
3
A26 Restrictions on grant of security etc
1
2
3
4
5
6
A27 Prohibition on entering into market contracts etc
1
2
3
4
A28 Restrictions on payment of certain pre-moratorium debts
1
2
3
4
5
A29 Restrictions on disposal of property
1
2
3
4
5
6
A30 Restrictions on disposal of hire-purchase property
1
2
A31 Disposal of charged property free from charge
1
2
3
4
5
6
7
8
9
10
11
A32 Disposal of hire-purchase property
1
2
3
4
5
6
7
A33 Contravention of certain requirements imposed under this Chapter
A34 Status of monitor
A35 Monitoring
1
2
A36 Provision of information to monitor
1
2
3
A37 Application by monitor for directions
A38 Termination of moratorium by monitor
1
2
3
4
5
6
7
A39 Replacement of monitor or appointment of additional monitor
1
2
3
4
5
6
7
8
9
A40 Application of Part where two or more persons act as monitor
1
2
3
A41 Presumption of validity
A42 Challenge to monitor's actions
1
2
3
4
5
6
7
8
A43 Challenges to monitor remuneration in insolvency proceedings
1
2
A44 Challenge to directors' actions
1
2
3
4
5
6
A45 Challenge brought by Board of the Pension Protection Fund
1
2
3
4
A46 Offence of fraud etc during or in anticipation of moratorium
1
2
3
4
5
A47 Offence of false representation etc to obtain a moratorium
1
2
3
A48 Prosecution of delinquent officers of company
1
2
3
4
5
6
7
8
9
10
11
A49 Regulated companies: modifications to this Part
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
A50 Power to modify this Part etc in relation to certain companies
1
2
3
4
5
6
7
8
9
A51 Power to make provision in connection with pension schemes
1
2
3
4
5
6
A52 Void provisions in floating charge documents
1
2
3
4
A53 Meaning of pre-moratorium debt and moratorium debt
1
2
3
4
5
A54 Interpretation of this Part: general
1
2
3
4
5
A55 Regulations
1
2
3
13A Overview
1
2
3
4
5
6
7
8
9
13AA Eligible companies
13B Obtaining a moratorium by filing documents at High Court
1
2
3
13BA Obtaining a moratorium for company subject to winding-up petition
1
2
3
4
5
13BB Obtaining a moratorium for other overseas companies
1
2
3
4
13BC The relevant documents
1
2
3
4
5
13BD Beginning of moratorium and appointment of monitor
1
2
13BE Obligations to notify where moratorium comes into force
1
2
3
4
5
13C End of the moratorium
1
2
3
4
5
6
13CA Extension by directors without creditor consent
1
2
3
13CB Extension by directors with creditor consent
1
2
3
4
13CC Creditor consent for the purposes of Article 13CB
1
2
3
4
5
6
7
8
13CD Extension by High Court on application of directors
1
2
3
4
5
6
7
8
13CE Extension while proposal for CVA pending
1
2
3
13CF Extension by High Court in the course of other proceedings
1
2
13CG Company enters into insolvency procedure etc
1
2
3
13CH Obligations to notify change in end of moratorium
1
2
3
4
5
6
7
8
13D Overview and construction of references to payment holidays
1
2
3
4
5
6
7
13DA Publicity about moratorium
1
2
3
4
5
6
13DB Restrictions on insolvency proceedings etc
1
2
3
13DC Restrictions on enforcement and legal proceedings
1
2
3
4
5
6
13DD Floating charges
1
2
3
4
5
6
7
13DE Enforcement of security granted during moratorium
1
2
13DF Duty of directors to notify monitor of insolvency proceedings etc
1
2
3
4
13DG Restrictions on obtaining credit
1
2
3
13DH Restrictions on grant of security etc
1
2
3
4
5
6
13DI Prohibition on entering into market contracts etc
1
2
3
4
13DJ Restrictions on payment of certain pre-moratorium debts
1
2
3
4
5
13DK Restrictions on disposal of property
1
2
3
4
5
6
13DL Restrictions on disposal of hire-purchase property
1
2
13DM Disposal of charged property free from charge
1
2
3
4
5
6
7
8
9
10
13DN Disposal of hire-purchase property
1
2
3
4
5
6
13DO Contravention of certain requirements imposed under this Chapter
13E Status of monitor
13EA Monitoring
1
2
13EB Provision of information to monitor
1
2
3
13EC Application by monitor for directions
13ED Termination of moratorium by monitor
1
2
3
4
5
6
7
13EE Replacement of monitor or appointment of additional monitor
1
2
3
4
5
6
7
8
9
13EF Application of Part where two or more persons act as monitor
1
2
3
13EG Presumption of validity
13F Challenge to monitor’s actions
1
2
3
4
5
6
7
8
13FA Challenges to monitor remuneration in insolvency proceedings
1
2
13FB Challenge to directors’ actions
1
2
3
4
5
6
13FC Challenge brought by Board of the Pension Protection Fund
1
2
3
4
13G Offence of fraud etc during or in anticipation of moratorium
1
2
3
4
5
13GA Offence of false representation etc to obtain a moratorium
1
2
3
13GB Prosecution of delinquent officers of company
1
2
3
4
5
6
7
8
9
10
13H Regulated companies: modifications to this Part
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
13HA Power to modify this Part etc in relation to certain companies
1
2
3
4
13HB Power to make provision in connection with pension schemes
1
2
3
4
5
6
13HC Void provisions in floating charge documents
1
2
3
4
13HD Meaning of “pre-moratorium debt” and “moratorium debt”
1
2
3
4
5
13HE Interpretation of this Part: general
1
2
3
13HF Regulations
1
2
1
2
3
4
3
1
2
4
1
2
5
6
1
2
7
1
2
3
8
9
10
11
12
13
1
2
3
4
14
1
2
3
4
5
6
15
1
2
3
4
16
1
2
3
4
17
1
2
18
19
1
2
3
4
20
1
2
21
1
2
3
22
1
2
3
1
2
1
2
3
3
1
2
3
4
1
2
5
1
2
6
1
2
7
8
9
10
11
12
13
1
2
1
2
3
4
1
2
5
1
2
3
4
6
1
2
3
7
1
2
3
4
8
9
10
11
12
3
13
1
2
3
4
5
6
7
8
9
10
11
14
1
2
3
15
1
2
3
16
17
18
19
20
21
1
2
3
22
1
2
3
23
1
2
3
24
1
2
3
25
26
4A
27
28
29
30
31
1
2
3
4
5
32
1
2
3
33
1
2
3
34
35
36
37
38
39
40
41
42
43
44
1
2
3
45
1
2
3
4
5
6
7
46
47
48
49
1
2
3
4
50
51
52
1
2
3
4
5
6
53
54
55
1
2
3
4
1
2
1
2
3
3
4
5
6
1
2
7
8
1
2
3
9
10
11
12
13
14
15
1
2
3
16
17
1
2
18
19
20
21
22
23
1
2
24
25
A1
26
A1
2A
27
A1
B1
28
A1
B1
C1
29
1
2
3
30
31
1
2
32
1
2
3
4
33
34
1
2
35
1
2
36
1
2
3
4
37
38
1
2
3
39
1
2
3
40
1
2
3
4
41
42
1
2
43
1
2
44
45
1
2
46
47
1
2
3
4
48
1
2
3
49
50
51
52
53
54
55
1
2
3
56
57
1
2
58
59
60
61
62
63
1
2
64
65
A1
66
A1
2A
67
A1
B1
68
A1
B1
C1
69
1
2
3
70
71
1
2
72
1
2
3
4
73
74
1
2
75
1
2
76
1
2
3
4
77
78
1
2
3
79
1
2
3
80
1
2
3
4
81
82
1
2
83
1
2
84
85
1
2
86
87
1
2
3
88
89
90
91
92
1
2
1
2
3
4
3
1
2
4
1
2
5
6
1
2
7
1
2
3
8
9
10
11
12
13
1
2
3
4
14
1
2
3
4
5
6
15
1
2
3
4
16
1
2
3
4
17
1
2
18
19
1
2
3
4
20
1
2
1
2
1
2
3
3
1
2
3
4
1
2
5
1
2
6
1
2
7
8
9
10
11
12
13
1
2
1
2
3
4
1
2
3
5
6
7
8
1
2
3
9
1
2
3
10
1
2
3
4
11
1
2
3
4
12
13
14
15
16
3
17
1
2
3
4
5
6
7
8
9
10
11
18
1
2
3
19
1
2
3
20
21
22
23
1
2
3
24
25
26
27
1
2
3
4
5
28
1
2
29
1
2
3
30
31
32
33
34
1
2
35
36
1
2
3
37
38
39
1
2
1
2
3
4
3
4
5
6
1
2
7
8
1
2
3
9
10
11
12
13
14
1
2
15
16
1
2
17
18
19
20
21
22
23
1
2
3
24
1
2
3
4
25
2
26
27
28
1
2
3
29
3A
4
5
6
6A
30
31
1
2
32
33
1
2
34
1
2
3
35
36
1
2
37
1
2
38
1
2
3
39
40
1
2
3
41
1
2
42
1
2
3
4
43
44
1
2
45
1
2
46
1
2
3
4
47
1
2
3
48
49
1
2
3
4
50
1
2
3
4
5
6
7
8
9
10
11
12
13
51
1
2
3
52
53
54
55
56
1
1
2
3
4
5
1
2
3
1
2
3
4
5
6
7
1
2
3
4
5
6
7
8
1
2
3
1
2
3
4
5
6
1
2
3
4
5
6
7
1
2
3
4
5
6
1
2
3
4
5
6
7
8
9
1
2
3
4
5
6
7
8
1
2
3
4
5
6
1
2
901A Application of this Part
1
2
3
4
5
901B Power to exclude companies providing financial services, etc
1
2
3
901C Court order for holding of meeting
1
2
3
4
5
6
7
901D Statement to be circulated or made available
1
2
3
4
5
6
7
8
901E Duty of directors and trustees to provide information
1
2
3
901F Court sanction for compromise or arrangement
1
2
3
4
5
6
901G Sanction for compromise or arrangement where one or more classes dissent
1
2
3
4
5
6
7
901H Moratorium debts, etc
1
2
3
4
5
6
901I Pension schemes
1
2
3
4
5
6
7
8
9
901J Powers of court to facilitate reconstruction or amalgamation
1
2
3
4
5
6
7
8
901K Obligations of company with respect to articles etc
1
2
3
4
5
6
901L Power to amend Act
1
2
2
3
4
5
6
1
2
3
7
1
2
3
4
8
9
10
1
2
3
4
11
12
13
14
15
16
1
2
3
17
18
19
20
1
2
3
4
5
21
22
23
24
1
2
3
25
1
2
3
26
27
28
29
30
31
32
33
1
2
3
4
5
6
7
8
9
34
35
1
2
3
4
5
36
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
37
1
2
3
38
39
1
2
3
40
7
8
9
10
41
42
43
1
2
3
44
45
46
47
1
2
3
4
48
1
2
3
4
5
49
1
2
3
50
51
1
1
2
3
4
5
6
7
8
9
10
11
2
1
2
3
1
2
4
1
2
3
5
1
2
1
1
2
3
4
5
6
7
8
9
10
11
2
1
2
3
1
2
3
4
1
2
1
1
2
1
2
1
2
1
2
1
2
3
1
2
3
1
2
1
2
1
2
1
1
2
2
3
1
2
4
1
2
5
6
1
2
7
8
9
10
11
12
13
1
2
3
14
1
2
3
15
1
2
16
1
2
17
1
2
18
19
20
21
2
3
4
5
6
7
8
1
1
2
1
2
1
2
1
2
1
2
3
1
2
3
1
2
1
2
1
2
1
1
2
2
3
1
2
4
1
2
5
6
1
2
7
8
9
10
11
12
13
1
2
3
14
1
2
3
15
1
2
16
1
2
17
1
2
18
19
20
21
2
3
4
5
1
2
1
2
3
4
3
1
2
3
4
5
6
7
8
4
1
2
3
4
5
1
2
3
4
5
6
1
2
3
4
5
6
7
8
7
1
2
3
4
5
6
7
8
1
2
3
4
5
6
7
9
1
2
3
4
5
6
7
8
9
10