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SCHEDULES

SCHEDULE 9Arrangements and reconstructions for companies in financial difficulty

PART 2Consequential amendments

Co-operative and Community Benefit Societies Act 2014

50In section 118 of the Co-operative and Community Benefit Societies Act 2014 (power to apply provisions about company arrangements and administration in relation to registered societies), in subsection (2), after paragraph (c) insert—

(d)Part 26A of that Act (compromise or arrangement with creditors where company in financial difficulty).