C1C2Part XV Subordinate Legislation

Annotations:
Modifications etc. (not altering text)
C1

Pt. XV (ss. 411-422) applied (with modifications) (1.12.1994) by S.I. 1994/2421, arts. 8(4)(5)(8)(9), 10(2)(3)(6), Sch. 4 Pt. II, Sch. 7

C2

Third Group of Parts (Pts. 12-19) applied to limited liability partnerships (with modifications) (E.W.S.) (6.4.2001) by S.I. 2001/1090, reg. 5, Schs. 3, 4 (as amended (4.3.2004) by S.I. 2004/355, art. 10 and (1.10.2005) by S.I. 2005/1989, reg. 3, Sch. 2 (with reg. 4))

Specification, increase and reduction of money sums relevant in the operation of this Act

417AF1 Money sums (company moratorium).

1

The Secretary of State may by order increase or reduce any of the money sums for the time being specified in the following provisions of Schedule A1 to this Act—

  • paragraph 17(1) (maximum amount of credit which company may obtain without disclosure of moratorium);

  • paragraph 41(4) (minimum value of company property concealed or fraudulently removed, affecting criminal liability of company’s officer).

2

An order under this section may contain such transitional provisions as may appear to the Secretary of State necessary or expedient.

3

An order under this section shall be made by statutory instrument subject to annulment in pursuance of a resolution of either House of Parliament.