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 28 of the Order (power to deal with charged property etc.)—
(a)
paragraph (1) is omitted; and
(b)
for paragraphs (3) and (4) there is substituted the following paragraph—
“(3)
Paragraph (2) applies to any security other than one which, as created, was a floating charge.”