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Small Business, Enterprise and Employment Act 2015

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12(1)Section 48 (report by administrative receiver - England and Wales) is amended as follows.

(2)In subsection (1), after “such creditors” insert “, other than opted-out creditors,”.

(3)In subsection (2)—

(a)in paragraph (a), after “company” insert “, other than opted-out creditors,”;

(b)omit the words after paragraph (b).

(4)Omit subsection (3).

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