114. Rule 15.1 has effect as if for paragraph (a) there were substituted—
“(a)This Part applies where the special administrator seeks a decision from the creditors of the company in accordance with paragraph 62 of Schedule B1 (administrator’s general power to call a meeting or seek a decision) or rule 3.42A (creditors’ decision for nomination of alternative liquidator).”.
115. Rule 15.2 has effect as if—
(a)in paragraph (1)—
(i)the definition of “creditor” were omitted;
(ii)in the definition of “physical meeting”, “or 379ZA(9)” were omitted;
(b)in paragraph (3), for “Chapters 2 to 11” there were substituted “Chapters 2, 3 and 6 to 11”.
116. Rule 15.3 has effect as if for “sections 246ZE and 379ZA” there were substituted “section 246ZE”.
117. Rule 15.6 has effect as if—
(a)in paragraph (1), “or, in the case of a decision procedure in respect of a moratorium under Part A1 of the Act, three days” were omitted;
(b)in paragraph (2), for “sections 246ZE(7) or 379ZA(7)” there were substituted “section 246ZE(7)”;
(c)in paragraph (8), “or 379ZA(7)” were omitted.
118. Rule 15.7 has effect as if—
(a)in paragraph (1), for “sections 246ZF and 379ZB” there were substituted “section 246ZF”;
(b)in paragraph (2), “or 379ZB (as applicable)” were omitted;
(c)in paragraph (3), for “(as defined in sections 246ZF and 379ZB)” there were substituted “(as defined in section 246ZF)”.
119. Rule 15.8 has effect as if, in paragraph (3)—
(a)in sub-paragraphs (f) and (g), “except in the case of a decision procedure in respect of a moratorium under Part A1 of the Act” were omitted;
(b)sub-paragraphs (h), (i) and (j) were omitted;
(c)in sub-paragraph (k), for “sections 246ZE(7) or 379ZA(7)” there were substituted “section 246ZE(7)”.
120. Rule 15.9 has effect as if, in paragraph (2), the words from “in respect of” to “a bankruptcy” were omitted.
121. Rule 15.11 has effect as if for the table in paragraph (1) there were substituted the following table—
| “Proceedings | Decisions | Persons to whom notice must be delivered | Minimum notice required |
|---|---|---|---|
| Special administration | Decisions of creditors | The creditors who had claims against the company at the date when the company entered special administra- tion (except for those who have subsequently been paid in full) | 14 days” |
122. Rule 15.13 has effect as if, in paragraph (1), for “In an administration” to “where” there were substituted “Where”.
123. Rule 15.14 has effect as if—
(a)in paragraph (1), for “In a decision procedure” to “by the court notice” there were substituted “Notice”;
(b)paragraphs (2) and (3) were omitted.
124. Rule 15.21 has effect as if for that rule there were substituted—
15.21. The chair of the meeting must be either the special administrator or an appointed person.”.
125. Rule 15.22 has effect as if, in sub-paragraph (c)(ii), “bankrupt or” were omitted.
126. Rule 15.23 has effect as if, in paragraph (1), “and to rule 15.23A or 15.24” were omitted.
127. Rule 15.25 has effect as if, in paragraph (1), “in respect of” to “bankruptcy” were omitted.
128. Rule 15.26 has effect as if “in respect of a moratorium” to “or a bankruptcy” were omitted.
129. Rule 15.28 has effect as if—
(a)paragraph (A1) were omitted;
(b)in paragraph (1)—
(i)for “In an administration” to “a creditor” there were substituted “A creditor”;
(ii)in sub-paragraph (a), “, subject to rule 15.29,” were omitted;
(c)in paragraph (3)(a), “or bankrupt” were omitted;
(d)paragraphs (5) and (6) were omitted.
130. Rule 15.31 has effect as if—
(a)in paragraph (1), sub-paragraphs (za), (b), (c), (d) and (e) were omitted;
(b)paragraphs (3) and (6) were omitted.
131. Rule 15.32 has effect as if paragraphs (A1), (B1), (2)(b) and (3) were omitted.
132. Rule 15.34 has effect as if for that rule there were substituted—
15.34.—(1) A decision is made by creditors when a majority (in value) of those voting have voted in favour of the proposed decision, except where this rule provides otherwise.
(2) A decision is not made if those voting against it include more than half in value of the creditors to whom notice of the decision procedure was delivered who are not, to the best of the special administrator’s or chair’s belief, persons connected with the company.”.
133. Rule 15.35 has effect as if—
(a)in paragraph (1), for “by a creditor, by a contributory, or by the bankrupt or debtor (as applicable)” there were substituted “by a creditor or by a contributory”;
(b)in paragraph (3)—
(i)for the words from the beginning to “that decision” there were substituted “If a decision”;
(ii)the words from “but, in a CVA or IVA” to the end were omitted;
(c)paragraphs (2), (3A), (3B), (5) and (7) were omitted.
134. Rule 15.40 has effect as if paragraph (4)(c) were omitted.
135. Rule 15.41 has effect as if for paragraph (1) there were substituted—
“(1) Unless the Act or these Rules provide otherwise, a company meeting must be called and conducted, and records of the meeting must be kept, in accordance with the law of England and Wales, including any applicable provision in or made under the Companies Act.”.
136. Rule 15.45 has effect as if, in paragraph (3)(b), for “convener” there were substituted “special administrator”.
137. Rule 15.46 has effect as if, in paragraph (2)(b), for “convener” there were substituted “special administrator”.