This note is not part of the rules, but is intended to indicate their general effect.
These rules amend the High Court Rules.
A new Part 9B of the Rules is inserted regulating Court applications incidental to the new voluntary administration regime introduced by the Companies Amendment Act 2006, and comes into force on the same date as that Act.
A new rule 850A is introduced governing applications by the Assignee to cancel irregular transactions, or for an order requiring the retransfer of property or the payment of its value. A new Part 16 relating to insolvency procedure is introduced. These changes are consequential on the enactment of the Insolvency Act 2006 and the Insolvency (Cross-border) Act 2006, and come into force on the same dates as those Acts respectively.