Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government what plans they have to re-implement powers to make connected party pre-pack sales mandatorily referable for independent oversight, now that the powers they had to do so in section 129 of the Small Business, Enterprise and Employment Act 2015 have lapsed.

The Insolvency Service is working with regulators and other insolvency industry stakeholders to examine whether existing non-legislative regulation for the practice of prepack administration can be further developed to provide additional scrutiny of connected party sales.

Government will monitor the outcome of this work to determine if further action is needed.