- Latest available (Revised)
- Original (As made)
iBet uBet web content aggregator. Adding the entire web to your favor.
Link to original content: http://www.legislation.gov.uk/uksi/2017/540/schedule/2/paragraph/5/made
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
5.—(1) Part 2 of Schedule 1 (modified provisions of Schedule A1 to the Insolvency Act 1986) is amended as follows.
(2) In paragraph 37 as there modified—
(a)in sub-paragraph (2)(a) for “creditors’ meeting” substitute “time the creditors decided to approve the voluntary arrangement”;
(b)in sub-paragraph (2)(b)(i) for the words from “at that” to “it)” substitute “in the qualifying decision procedure by which the creditors’ decision to approve the voluntary arrangement was made”;
(c)in sub-paragraph (2)(b)(ii), for “it” substitute “the procedure”; and
(d)in sub-paragraph (5)(a)—
(i)omit “of the meetings”; and
(ii)after “30(3)” insert “and (4)”.
(3) In paragraph 40(5) as there modified—
(a)in paragraph (c), omit “creditors or”; and
(b)after paragraph (c) insert—
“(ca)require a decision of the partnership’s creditors to be sought (using a qualifying decision procedure) on such matters as the court may direct,”.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Different options to open legislation in order to view more content on screen at once
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including:
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.