Version Superseded: 26/06/2020
Point in time view as at 01/11/2007. This version of this provision has been superseded.
Insolvency Act 1986, Section 417A is up to date with all changes known to be in force on or before 09 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(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.]
Textual Amendments
F1S. 417A inserted (1.1.2003) by 2000 c. 39, s. 1, Sch. 1 para. 10; S.I. 2002/2711, art. 2 (subject to transitional provisions in arts. 3-5)
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