SCHEDULE 1MORATORIUM WHERE DIRECTORS PROPOSE VOLUNTARY ARRANGEMENT
AMENDMENTS OF THE INSOLVENCY ORDER
1.
The Insolvency Order shall be amended as follows.
F12.
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F13.
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F14.
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F15.
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6.
In Article 39(3)(a) (protection of interests of creditors and members when administration order in force), for “Article 17” substitute “
Part II
”
.
F27.
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F38.
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9.
(1)
Article 197 (conditions which may be imposed on supply of water, electricity, etc.) is amended as follows.
(2)
In paragraph (1)—
F4(a)
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(b)
in sub-paragraph (c), for the words from “under Part II” to “Article 16” substitute “
approved under Part II
”
, and
F4(c)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3)
In paragraph (4)—
F4(a)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b)
in sub-paragraph (c), for the words following “arrangement” substitute “
took effect
”
.
F510.
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F511.
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12.
F5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .