SCHEDULE 1Amendments to the Insolvency Rules 1986

Amendments to Rule 1.4026

1

Rule 1.40 (notice and advertisement of beginning of a moratorium) is amended as follows.

2

After paragraph (2), insert—

2A

In addition to the standard contents, the notice under paragraph (2) must state—

a

the nature of the business of the company;

b

that a moratorium under section 1A9 has come into force; and

c

the date upon which the moratorium came into force.

3

In paragraph (3)—

a

for “claim he” substitute “address the nominee”, and

b

at the end add—

and the court at which the documents to obtain the moratorium were filed