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Professional Standards

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Statements of Insolvency Practice (SIPs) NI

  • SIP 1: An Introduction to statements of insolvency practice effective from 1 October 2015 [Current]
    PDF, 88.48 KB
  • SIP 2: nvestigations by office holders in administrations and insolvent liquidations and the submission of conduct reports by office holders effective from 6 April 2016 [Current]
    PDF, 446.12 KB
  • SIP S3A: Voluntary arrangements effective from 1 April 2007 [Current]
    PDF, 256.83 KB
  • SIP 3.1 Individual Voluntary Arrangements - effective 1 March 2023
    PDF, 80.25 KB
  • SIP 3.2: Company Voluntary Arrangements - Effective from 1 April 2021 [Current]
    PDF, 315.29 KB
  • SIP S4A. Disqualification of directors effective from August 1999 [Current]
    PDF, 235.76 KB
  • SIP 7: Presentation of Financial Information in Insolvency Proceedings - Effective from 1 April 2021 [Current]
    PDF, 61.20 KB
  • SIP S8A: Summoning and holding meetings of creditors convened pursuant to article 84 of the insolvency (Northern Ireland) order 1989 effective from August 1997 [Current]
    PDF, 222.60 KB
  • SIP 9: Payments to insolvency office holders and their associates from an estate [Current]
    PDF, 396.32 KB
  • SIP S10A: Proxy forms effective from August 1996 [Current]
    PDF, 181.97 KB
  • SIP 11: The handling of funds in formal insolvency appointments [Current]
    PDF, 81.84 KB
  • SIP S12A: Records of meetings in formal insolvency proceedings effective from August 1996 [Current]
    PDF, 230.84 KB
  • SIP 13: Disposal of assets to connected parties in an insolvency process effective from 1 December 2016 [Current]
    PDF, 35.02 KB
  • SIP S14A: A receiver's responsibility to preferential creditors effective from December 1999 [Current]
    PDF, 225.74 KB
  • SIP 15. Reporting and providing information on their functions to committees and commissioners Effective from 1 March 2017 [Current]
    PDF, 97.87 KB
  • SIP 17: An administrative receiver's responsibility for the company's records effective from 2 May 2011 [Current]
    PDF, 189.18 KB
  • SIP 16 - Pre-Packaged Sales in Administrations NI effective from 25 June 2021
    PDF, 168.83 KB

Superseded

  • SIP 1: An introduction to statements of insolvency practice effective from 2 May 2011 until 30 September 2015
    PDF, 133.13 KB
  • SIP 2: Investigations by office holders in administrations and insolvent liquidations effective from 2 May 2011 until 5 April 2016
    PDF, 132.52 KB
  • SIP 7: Presentation of financial information in insolvency proceedings effective from 2 May 2011 until 31 March 2021
    PDF, 192.39 KB
  • SIP S7A: Preparation of insolvency officeholders' receipts and payments accounts effective August 1999 until 1 May 2011
    PDF, 212.09 KB
  • SIP S9A: Remuneration of insolvency officerholders effective from January 2007 until 31 March 2021
    PDF, 482.00 KB
  • SIP 11 The handling of funds in formal insolvency appointments
    PDF, 120.58 KB
  • SIP S13A: Acquisition of assets of insolvent companies by directors effective from June 2008 until 30 November 2016
    PDF, 149.23 KB
  • SIP S15A: Reporting and providing information on their functions to committees in formal insolvencies effective from 1 April 2007 until 28 February 2017
    PDF, 552.73 KB
  • SIP 16: Pre-packaged sales in administrations effective from 1 November 2013 until 31 October 2015
    PDF, 22.29 KB

Useful links

Suite of current bye-laws & regulations

Insolvency related:

  • Insolvency Licensing (GBNI) Regulations effective from 30 September 2016 [Current]
  • Public Practice Regulations effective from 30 September 2016 [Current].PDF
Professional Standards regulatory bulletins

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