SCHEDULES
SCHEDULE 2ADMINISTRATION: MINOR AND CONSEQUENTIAL AMENDMENTS
The 1989 Order
I120
1
Article 6 (meaning of “insolvency” and “go into liquidation”) shall be amended as follows.
2
In paragraph (1) for “the making of an administration order or the appointment of an administrative receiver” substitute “
or the appointment of an administrator or administrative receiver
”
.
3
For paragraph (3) substitute—
3
The reference to a resolution for voluntary winding up in paragraph (2) includes a reference to a resolution which is deemed to occur by virtue of—
a
paragraph 84(5)(b) of Schedule B1, or
b
an order made following conversion of administration or a voluntary arrangement into winding up by virtue of Article 37 of the EC Regulation.