4.—(1) Where a winding up by the High Court has commenced, or is treated as having commenced, before the commencement date, the official receiver or (on appeal from a refusal by him) the Court may, at any time on or after that date—N.I.
(a)release a person from an obligation imposed on him by or under Article 489 of [F1the Companies (Northern Ireland) Order 1986] (statement of affairs), or
(b)extend the period specified in paragraph (6) of that Article.
(2) Accordingly, on and after the commencement date, Article 489(6) of [F2the Companies (Northern Ireland) Order 1986] has effect in relation to a winding up to which this paragraph applies with the omission of the words from “or within” onwards.
F1Words in Sch. 8 para. 4(1)(a) substituted (1.10.2009) by Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), arts. 2(1), 8, Sch. 1 para. 114(3) (with art. 10)
F2Words in Sch. 8 para. 4(2) substituted (1.10.2009) by Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), arts. 2(1), 8, Sch. 1 para. 114(3) (with art. 10)