Individuals

Individual voluntary arrangement21

1

Schedule 7 (which makes provision about individual voluntary arrangements) shall have effect.

2

The Department may by order amend the 1989 Order so as to extend the provisions of Articles 237B to 237G (which are inserted by Schedule 7 and provide a fast-track procedure for making an individual voluntary arrangement) to some or all cases other than those specified in Article 237A as inserted by Schedule 7.

3

An order under paragraph (2) shall be subject to affirmative resolution.

4

An order under paragraph (2) may make—

a

consequential provision (which may include provision amending the 1989 Order or another statutory provision);

b

transitional provision.