S.I. No. 330/2013 - Personal Insolvency Act 2012 (Value above which a debtor must not transfer, lease, grant security over, or otherwise dispose of any interest in property) Regulations 2013. (2013_si_330) | IE

ISB SI

Reg. 1 S.I. No. 330/2013 - Personal Insolvency Act 2012 (Value above which a debtor must not transfer, lease, grant security over, or otherwise dispose of any interest in property) Regulations 2013. Open official source

1. These Regulations may be cited as the Personal Insolvency Act 2012 (Value above which a debtor must not transfer, lease, grant security over, or otherwise dispose of any interest in property) Regulations 2013.

ISB SI

Reg. 2 S.I. No. 330/2013 - Personal Insolvency Act 2012 (Value above which a debtor must not transfer, lease, grant security over, or otherwise dispose of any interest in property) Regulations 2013. Open official source

2. These Regulations are made for the purposes of section 81(5) and section 118(5) of the Act.

ISB SI

Reg. 3 S.I. No. 330/2013 - Personal Insolvency Act 2012 (Value above which a debtor must not transfer, lease, grant security over, or otherwise dispose of any interest in property) Regulations 2013. Open official source

3. The amount of €650 is hereby prescribed as the value above which a debtor in respect of whom a Debt Settlement Arrangement is in effect shall not transfer, lease, grant security over, or otherwise dispose of any interest in property otherwise than in accordance with the terms of the Debt Settlement Arrangement.

ISB SI

Reg. 4 S.I. No. 330/2013 - Personal Insolvency Act 2012 (Value above which a debtor must not transfer, lease, grant security over, or otherwise dispose of any interest in property) Regulations 2013. Open official source

4. The amount of €650 is hereby prescribed as the value above which a debtor in respect of whom a Personal Insolvency Arrangement is in effect shall not transfer, lease, grant security over, or otherwise dispose of any interest in property otherwise than in accordance with the terms of the Personal Insolvency Arrangement.

GIVEN under the seal of the Insolvency Service of Ireland,

30 August 2013.

LORCAN O’CONNOR,

Director of the Insolvency Service of Ireland.

EXPLANATORY NOTE

(This note is not part of the Instrument and does not purport to be a legal interpretation)

These Regulations prescribe the amount of €650 as the value above which a debtor in respect of whom a Debt Settlement Arrangement or, as applicable, a Personal Insolvency Arrangement is in effect shall not transfer, lease, grant security over, or otherwise dispose of any interest in property otherwise than in accordance with the terms of the Debt Settlement Arrangement or, as applicable, the Personal Insolvency Arrangement.

ISB SI

Preamble S.I. No. 330/2013 - Personal Insolvency Act 2012 (Value above which a debtor must not transfer, lease, grant security over, or otherwise dispose of any interest in property) Regulations 2013. Open official source

Notice of the making of this Statutory Instrument was published in

“Iris Oifigiúil” of

3

rd September

, 2013.

The Insolvency Service of Ireland, in exercise of the powers conferred on it by

section 3

of the

Personal Insolvency Act 2012

(No. 44 of 2012) (the “Act”), hereby makes the following regulations

S.I. No. 330/2013 - Personal Insolvency Act 2012 (Value above which a debtor must not transfer, lease, grant security over, or otherwise dispose of any interest in property) Regulations 2013.

Statutory Text (5 Articles)

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