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

46

Paragraph (1) of Article 39 of the Order (protection of interests of creditors and members) has effect—

(a)

as if it enabled the F2Authority or the scheme manager to apply to the High Court by petition for an order under that section; and

(b)

in relation to an application by the F3Authority or the scheme manager, as if the words “(including at least himself)” were omitted.