SCHEDULES

C2C1C3F1SCHEDULE A1 Moratorium where directors propose voluntary arrangement

Annotations:
Amendments (Textual)
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)

Part II Obtaining a moratorium

Notification of end of moratorium

11

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.