Legislation
Acts

 

Welcome to the R3 Technical Library, a unique resource for searching technical and specialist information within the sector. The below are available resources for Legislation Acts.

National Security and Investment Act 2021
The Act received Royal Assent on 29 April 2021, albeit the operative provisions of the Act will only come into effect once the necessary implementing regulations have been adopted, expected this year. However, the NSIA will have retrospective effect with respect to any transactions completing from 12 November 2020.
View
Coronavirus (Scotland) (No.2) Act 2020
The No.2 Act represents further temporary legislation that includes some additional bankruptcy-related measures. Including Electronic service of documents , Financial criteria for minimal asset process, Meaning of “qualified creditor”, Deadline for sending proposals for debtor’s contribution, Virtual meetings of creditors, Electronic signature of forms and Fees for debtor applications. (All can be found at Schedule 1, Part 5 of the Act). **The expiry date of Part 1 of the Coronavirus (Scotland) Act 2020 and Part 1 of the Coronavirus (Scotland) (No.2) Act 2020 has been amended from 30 September 2020 to 31 March 2021. ( Link )**
View
Coronavirus (Scotland) Act 2020
The purpose of the Act is to respond to the emergency caused by the coronavirus pandemic. Measures to note for the profession are: Moratorium on diligence, Electronic signatures and Commercial leases and evictions.
View
Finance Act 2020
Wednesday 22 July 2020 saw the Royal Assent of the Finance Bill 2019-21 , which will mean that from 1 December 2020 HMRC will become a secondary preferential creditor in insolvencies.
View
Corporate Insolvency and Governance Act 2020
The Corporate Insolvency and Governance Act received Royal Assent on 25 June 2020 and commences on 26 June 2020.
View
Corporate Insolvency and Governance Bill
On 20 May 2020, the Government published its Corporate Insolvency and Governance Bill which, when it has become law, will introduce the biggest reforms to the UK’s insolvency framework for almost twenty years, as well as a series of temporary changes to the corporate governance requirements for companies and other entities.
View
Bankruptcy (Scotland) Act 2016
Effective from 28 April 2016.
View
The Small Business, Enterprise and Employment Act 2015
Effective from 26 March 2015.
View
Bribery Act 2010
View
Bankruptcy and Debt Advice (Scotland) Act 2014 (repealed)
Act repealed 30 November 2016 by Bankruptcy (Scotland) Act 2016.
View
Enterprise Act 2002
Effective from 20 June 2003. The Enterprise Act 2002 is an Act of the Parliament of the United Kingdom which made major changes to UK competition law with respect to mergers and also changed the law governing insolvency bankruptcy.
View
The Insolvency Act 2000
Effective from 30 November 2000.
View
Human Rights Act 1998
Effective from 9 November 1998.
View
Insolvency Act 1986
An Act to consolidate the enactments relating to company insolvency and winding up (including the winding up of companies that are not insolvent, and of unregistered companies); enactments relating to the insolvency and bankruptcy of individuals; and other enactments bearing on those two subject matters, including the functions and qualification of insolvency practitioners, the public administration of insolvency, the penalisation and redress of malpractice and wrongdoing, and the avoidance of certain transactions at an undervalue.
View
Bankruptcy (Scotland) Act 1985 (repealed)
An Act to reform the law of Scotland relating to sequestration and personal insolvency; and for connected purposes. [30th October 1985]. Be it ENACTED by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same.
View
Ben LuxfordBen Luxford
Head of Technical
020 7566 4218
Find INSOLVENCY & RESTRUCTURING ADVICE

R3 members can provide advice on a range of business and personal finance issues. To find an R3 member who can help you, click below.