SCHEDULES
F1SCHEDULE A1MORATORIUM WHERE DIRECTORS PROPOSE VOLUNTARY ARRANGEMENTF2
Annotations:
Amendments (Textual)
F2
mod. by SR 2004/307
PART IINTRODUCTORY
Step-in rights
14
1
For the purposes of paragraph 6 a project has step-in rights if a person who provides finance in connection with the project has a conditional entitlement under an agreement to—
a
assume sole or principal responsibility under an agreement for carrying out all or part of the project, or
b
make arrangements for carrying out all or part of the project.
2
In sub-paragraph (1) a reference to the provision of finance includes a reference to the provision of an indemnity.
2002 NI 6