[F1Part A1U.K.Moratorium

Textual Amendments

Modifications etc. (not altering text)

C1Pt. A1 excluded by S.I. 2012/3013, Sch. 1 para. 1(2A) (as inserted (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 3 para. 49(4) (with ss. 2(2), 5(2)))

C2Pt. A1 power to apply (with modifications) conferred by 2011 c. 25, s. 247A (as inserted (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 3 para. 45 (with ss. 2(2), 5(2)))

Chapter 1U.K.Introductory

A1OverviewU.K.

(1)This Part contains provision that enables an eligible company, in certain circumstances, to obtain a moratorium, giving it various protections from creditors set out in this Part.

(2)In this Chapter section A2 introduces Schedule ZA1 (which defines what is meant by an “eligible” company).

(3)Chapter 2 sets out how an eligible company may obtain a moratorium.

(4)Chapter 3 sets out for how long a moratorium has effect.

(5)Chapter 4 sets out the effects of a moratorium on the company and its creditors.

(6)Chapter 5 contains provision about the monitor.

(7)Chapter 6 contains provision about challenges.

(8)Chapter 7 contains provision about certain offences.

(9)Chapter 8 contains miscellaneous and general provision, including—

(a)special provision for certain kinds of company;

(b)definitions for the purposes of this Part;

(c)provision about regulations under this Part.]