SCHEDULES

SCHEDULE 8TRANSITIONAL PROVISIONS AND SAVINGS

PART ICOMPANY INSOLVENCY AND WINDING UP

Saving for power to make rules

6

Paragraphs 3 to 5 are without prejudice to the power conferred by this Order under which rules made under Article 359 may make transitional provision in connection with the coming into operation of those rules; and such provision may apply those rules in relation to a winding up notwithstanding that the winding up commenced, or is treated as having commenced, before the coming into operation of the rules or Article 359.