SCHEDULES

SCHEDULE 14Rent arrears recovery: amendments

Insolvency Act 1986 (c. 45)

I144

1

Section 347 of the Insolvency Act 1986 (distress etc.) is amended as follows.

2

In subsection (1) for the words from the beginning to “available” substitute “ CRAR (the power of commercial rent arrears recovery under section 72(1) of the Tribunals, Courts and Enforcement Act 2007) is exercisable where the tenant is an undischarged bankrupt ”.

3

In subsection (2)—

a

for the words from the beginning to “goods and effects of” substitute “ Where CRAR has been exercised to recover rent from ”;

b

for “that distress” substitute “ CRAR ”;

c

for “the distress was levied” substitute “ goods were taken control of under CRAR ”.

4

In subsection (5) for the words from the beginning to “upon” substitute “ CRAR is not exercisable at any time after the discharge of a bankrupt against ”.

5

Omit subsections (6) and (7).

6

Omit subsection (11).