Saving29.

(1)

Notwithstanding Rule 2, the 1986 Rules continue to have effect on and after 30th May 2014 as if the amendments made by Rules 3 to 28 had not been made where this Rule applies as provided for in any of paragraphs (2) to (5).

(2)

This Rule applies where, in a receivership, a receiver is appointed in respect of a company under section 51 of the Act52 before 30th May 2014.

(3)

This Rule applies where a company goes into liquidation upon a resolution for voluntary winding up passed before 30th May 2014.

(4)

This Rule applies where—

(a)

there is an application for the appointment of a provisional liquidator under section 135 of the Act; or

(b)

a company goes into liquidation on the making of a winding-up order,

on a winding-up petition presented before 30th May 2014.

(5)

This Rule applies where—

(a)

there is an application for the appointment of a provisional liquidator under section 135 of the Act; or

(b)

a company goes into liquidation on the making of a winding-up order,

on a winding-up petition presented on or after 30th May 2014 if at the time the winding-up petition is presented the company is in liquidation upon a resolution for voluntary winding up passed before 30th May 2014.

(6)

In this Rule—

“resolution for voluntary winding” up includes a resolution which is deemed to occur by virtue of—

(a)

paragraph 83(6)(b) of Schedule B1 (administration) to the Act; or

(b)

an order made following conversion of administration or a voluntary arrangement into winding up by virtue of Article 37 of the EC Regulation53; and

“winding-up petition” includes an administration application under paragraph 12 of Schedule B1 to the Act which the court treats as a winding-up petition under paragraph 13(1)(e) of that Schedule.