Version Superseded: 06/03/1992
Point in time view as at 26/11/2008.
Local Government Finance Act 1988, Cross Heading: Winding up is up to date with all changes known to be in force on or before 01 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
10(1)Regulations under this Schedule may provide that where a magistrates’ court has made a liability order against a person (the debtor) and the debtor is a company, the amount due shall be deemed to be a debt for the purposes of section 122(1)(f) of the Insolvency Act 1986 (winding up of companies by the court) [F1or, as the case may be, section 221(5)(b) of that Act (winding up of unregistered companies)].
(2)The amount due is an amount equal to any outstanding sum which is or forms part of the amount in respect of which the liability order was made.
Textual Amendments
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