SCHEDULES

SCHEDULE 11 Transitional Provisions and Savings

Part II Individual Insolvency

Bankruptcy (general)

12

Transactions entered into before the appointed day have effect on and after that day as if references to acts of bankruptcy in the provisions for giving effect to those transactions continued to be references to acts of bankruptcy within the meaning of the Bankruptcy Act 1914, but as if such acts included failure to comply with a statutory demand served under section 268 of this Act.