SCHEDULES

Valid from 11/05/2001

[F1 SCHEDULE A1 E+W+S Moratorium where directors propose voluntary arrangement]

Textual Amendments

F1 Sch. A1 inserted (11.5.2001 so far as is necessary to give effect to Sch. A1 paras. 5, 45(1)-(3)(5) and 1.1.2003 in so far as not already in force) by 2000 c. 39, s. 1, Sch. 1 para. 4; S.I. 2001/1751, art. 2; S.I. 2002/2711, art. 2 (subject to transitional provisions in arts. 3-5)

[F2 Part I E+W+S Introductory]

Textual Amendments

F2 Sch. A1 inserted (11.5.2001 so far as is necessary to give effect to Sch. A1 paras. 5, 45(1)-(3)(5) and 1.1.2003 in so far as not already in force) by 2000 c. 39, s. 1, Sch. 1 para. 4; S.I. 2001/1751, art. 2; S.I. 2002/2711, art. 2 (subject to transitional provisions in arts. 3-5)

Eligible companies E+W+S

Prospective

F3 3 (1) A company meets the requirements of this paragraph if the qualifying conditions are met—

(a) in the year ending with the date of filing, or

(b) in the financial year of the company which ended last before that date.

(2) For the purposes of sub-paragraph (1)—

(a) the qualifying conditions are met by a company in a period if, in that period, it satisfies two or more of the requirements for being a small company specified for the time being in section 247(3) of the M1 Companies Act 1985, and

(b) a company’s financial year is to be determined in accordance with that Act.

(3) Subsections (4), (5) and (6) of section 247 of that Act apply for the purposes of this paragraph as they apply for the purposes of that section.

Textual Amendments

F3 Sch. A1 (Pts. I-VI) inserted (11.5.2001 but only so far as is necessary to give effect to Sch. A1 para. 5, 45(1)-(3)(5)) by 2000 c. 39, s. 1, Sch. 1 para. 4; S.I. 2001/1751, art. 2

Marginal Citations

M1 1985 c. 6.