Bill Progress

Object of the Bill

The Object of this Bill is to amend the Insolvency Act, 2011 to provide for a creditors right to set off a debt subject to preferential debts, to repeal section 12 (2) of the Act, to empower the administrators and supervisors to avoid Transactions under Sections 15, 16, 17, 18 and 19 of the Act.

Other Attachments

1 LPA3-22-Report on the Insolvency (Amendment) Bill, 2022.pdf
Title: Report on the Insolvency (Amendment) Bill, 2022
Author: Parliamentary Committee on Legal and Parliamentary Affairs

The Insolvency (Amendment) Bill, 2022

Sponsored By Hon. Kiryowa Kiwanuka (Attorney General)

Committee: The Committee on Legal and Parliamentary Affairs

Start

2022-08-23

First Reading/Committee

Bill is still in its First stage.

2022-08-30

Second Reading

The Bill is read for the second time in the floor of Parliament.

2022-08-30

2022-08-30

Third Reading

Parliament has passed the Bill.

Presentation/Waiting Assent

Assented by President

End

Bill passed on

Bill Withdrawn on

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