C1C2 PART IINTRODUCTORY

Annotations:

Interpretation for F4Parts 1A to 7

Annotations:
Amendments (Textual)
F4

Words in art. 5 cross-heading substituted (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 7 para. 2 (with ss. 2(2), 5(2))

“Insolvency” and“go into liquidation”6

1

In F5Parts 1A to 7, “insolvency”, in relation to a company, includes F6the coming into force of a moratorium for the company under Part 1A, the approval of a voluntary arrangement under Part II,F1or the appointment of an administrator or administrative receiver.

2 F2

For the purposes of any provision in F5Parts 1A to 7, a company goes into liquidation if it passes a resolution for voluntary winding up or an order for its winding up is made by the High Court at a time when it has not already gone into liquidation by passing such a resolution.

F33

The reference to a resolution for voluntary winding up in paragraph (2) includes a reference to a resolution which is deemed to occur by virtue of—

a

paragraph 84(5)(b) of Schedule B1, F7...

F7b

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