SCHEDULES

F1SCHEDULE 15A Application of other companies insolvency legislation to building societies

Part III Modified Application of Parts II, III and IV of Insolvency (Northern Ireland) Order 1989

Administration orders

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In Article 24 of the Order (effect of administration order), the following are omitted, namely—

(a)

in paragraph (1), sub-paragraph (b) and the word “and” immediately preceding that sub-paragraph;

(b)

in paragraph (3), sub-paragraph (b);

(c)

in paragraph (4), the words “an administrative receiver of the company has vacated office under paragraph (1)(b), or”; and

(d)

paragraph (5).