Insolvency Act 1986
The principal legislation governing many company and personal insolvency procedures in England, Wales and, in parts, Scotland.
Related terms
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Insolvency legislation
The laws and regulations governing what happens when individuals or businesses cannot meet their debts and enter formal insolvency procedures.
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Companies Act 2006
The main UK statute governing companies, including directors’ duties, accounts, distributions and many aspects of company administration.
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Corporate Insolvency and Governance Act 2020
UK legislation that introduced and changed corporate restructuring and insolvency tools, including the standalone moratorium and restructuring plan framework.
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