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5(1)Section 12 of the Company Directors Disqualification Act 1986 (failure to pay under county court administration order) is amended as follows.E+W
(2)For the title of the section substitute “ Disabilities on revocation of administration order ”.
(3)Omit subsection (1).
(4)In subsection (2), for the words from “that section” to “429(2)(b)” substitute “ section 429 of the Insolvency Act applies by virtue of an order under subsection (2) of that section ”.