SCHEDULES

C1F1SCHEDULE 4ZZAProtection of supplies under section 233B: exclusions

Annotations:
Amendments (Textual)
Modifications etc. (not altering text)
C1

Sch. 4ZZA applied by S.I. 1994/2421, art. 4(3)(a) (as amended (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 12 para. 5 (with ss. 2(2), 5(2), 14(4)))

PART 1Essential supplies

1Essential supplies

1

Section 233B(3) and (4) do not apply in relation to provision of a contract if—

a

the company becomes subject to a relevant insolvency procedure as specified in section 233B(2)(b) or (d), and

b

the provision of the contract ceases to have effect under section 233A(1).

2

Section 233B(7) does not apply in relation to a supply to the company if—

a

the company becomes subject to a relevant insolvency procedure as specified in section 233B(2)(b) to (f), and

b

the supply is a supply mentioned in section 233(3).