SCHEDULES

F1SCHEDULE A1 Moratorium where directors propose voluntary arrangement

Part II Obtaining a moratorium

Notification of end of moratorium

F211

(1)

When a moratorium comes to an end, the nominee shall, in accordance with the rules—

(a)

advertise that fact forthwith, and

(b)

notify the court, the registrar of companies, the company and any creditor of the company of whose claim he is aware of that fact.

(2)

If the nominee without reasonable excuse fails to comply with sub-paragraph (1)(a) or (b), he is liable to a fine.