Insolvency, Restructuring and Dissolution Act 2018

“banking corporation” means a bank that holds a valid licence under section 7 or 79 of the Banking Act 1970;

“bankrupt” means —

“company” has the meaning given by section 4(1) of the Companies Act 1967;

“contributory” has the meaning given by section 4(1) of the Companies Act 1967;

“corporation” has the meaning given by section 4(1) of the Companies Act 1967;

“Court” means the General Division of the High Court;

“creditors’ committee”, in relation to a bankruptcy, means a committee appointed under section 331;

“foreign company” has the meaning given by section 4(1) of the Companies Act 1967;

“insolvency practitioner’s licence” means a licence granted under section 51;

“liability” means a liability to pay money or money’s worth, regardless whether such liability is present or future, certain or contingent or of an amount that is fixed or liquidated or that is capable of being ascertained by fixed rules or as a matter of opinion, and includes any such liability arising —

“licensed insolvency practitioner” and “licensee” mean the holder of a licence granted under section 51;

“limited liability partnership” has the meaning given by section 4(1) of the Limited Liability Partnerships Act 2005;

“liquidator” includes the Official Receiver when acting as the liquidator of a corporation;

“member”, in relation to a company, means a member of a company mentioned in section 19(6) or (6A) of the Companies Act 1967;

“Minister” means —

“Official Assignee” means the Official Assignee appointed under section 16(1) and includes a Deputy Official Assignee, a Senior Assistant Official Assignee and an Assistant Official Assignee;

“Official Receiver” means the Official Receiver appointed under section 17(1) and includes a Deputy Official Receiver, a Senior Assistant Official Receiver and an Assistant Official Receiver;

“property” includes —

“public accountant” means a person who is registered or deemed to be registered in accordance with the Accountants Act 2004 as a public accountant;

“Registrar” means the Registrar of the Supreme Court and includes a Deputy Registrar or an Assistant Registrar of the Supreme Court;

“Registrar of Companies” means the Registrar of Companies appointed under section 8 of the Companies Act 1967 and includes any Deputy or Assistant Registrar of Companies;

“regulations” means regulations made under section 449;

“Rules” means the Rules of Court made under section 448;

“solicitor” means an advocate and solicitor of the Supreme Court;

“subsidiary” has the meaning given by section 5 of the Companies Act 1967;

“transaction” includes any gift, agreement or arrangement, and any reference to entering into a transaction is to be construed accordingly;

“trustee”, in relation to a bankruptcy and a bankrupt, means the trustee of the bankrupt’s estate and includes the Official Assignee when acting as trustee of the bankrupt’s estate;

“trustee in bankruptcy” means a person appointed under section 36 as trustee of a bankrupt’s estate.