SCHEDULE 1Amendments to the Insolvency Rules 1986

Amendments to Rule 1.33

1

Rule 1.3 (contents of the proposal) is amended as follows.

2

In paragraph (2)—

a

in sub-paragraph (p), at the end omit “and”;

b

after sub-paragraph (q) add—

; and

r

such other matters (if any) as the directors consider appropriate for ensuring that members and creditors are enabled to reach an informed decision on the proposal.

3

In paragraph (3) for “former’s” substitute “nominee’s”.