S.I. No. 259/2014 - Personal Insolvency Act 2012 (Prescribed Financial Statement) Regulations 2014.

1. These Regulations may be cited as the Personal Insolvency Act 2012 (Prescribed Financial Statement) Regulations 2014.

2. In these Regulations, “the Act” means the

Personal Insolvency Act 2012

(No. 44 of 2012).

3. The form set out in Schedule 1 is the prescribed form to be used by persons where required under Part 3 of the Act to complete a Prescribed Financial Statement for the purposes of making an application for a Debt Relief Notice or otherwise in connection with a Debt Relief Notice process.

4. The form set out in Schedule 2 is the prescribed form to be used by persons in all circumstances, other than those referred to in Regulation 3 where required under Part 3 of the Act to complete a Prescribed Financial Statement, including for the purposes of an application for a protective certificate or the making of a proposal for, review or variation of a Debt Settlement Arrangement or Personal Insolvency Arrangement.

5. The

Personal Insolvency Act 2012

(Prescribed Financial Statement) Regulations 2013 (

S.I. No. 326 of 2013

) are revoked.

SCHEDULE 1

SCHEDULE 2

The Minister for Justice and Equality consents to the making of the foregoing Regulations.

GIVEN under the Official Seal of the Minister for Justice and Equality,

13 June 2014.

FRANCES FITZGERALD,

Minister for Justice and Equality.

GIVEN under the seal of the Insolvency Service of Ireland,

13 June 2014.

RANDALL PLUNKETT,

A Member of Staff of the Insolvency Service of Ireland Authorised by the Director of the Insolvency Service of Ireland to Authenticate the Seal 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 form to be used by persons where required under Part 3 of the

Personal Insolvency Act 2012

to complete a Prescribed Financial Statement when applying for a Debt Relief Notice or otherwise in connection with a Debt Relief Notice process, and the form to be used by persons in all other circumstances where required under Part 3 of the Act to complete a Prescribed Financial Statement, including for the purposes of an application for a protective certificate or the making of a proposal for, review or variation of a Debt Settlement Arrangement or Personal Insolvency Arrangement.

Notice of the making of this Statutory Instrument was published in

“Iris Oifigiúil” of

17

th June

, 2014.

The Insolvency Service of Ireland, in exercise of the powers conferred on it by section 3 and

section 136

of the

Personal Insolvency Act 2012

(No. 44 of 2012), and with the consent of the Minister for Justice and Equality, hereby makes the following regulations