SCHEDULES

F2SCHEDULE 15A Application of other companies insolvency legislation to building societies

Annotations:
Amendments (Textual)
F2

Sch. 15A inserted (1.12.1997) by 1997 c. 32, s. 39(2), Sch. 6; S.I. 1997/2668, art. 2, Sch. Pt. I(i)

Part II Modified Application of Parts I and II and Chapter I of Part III of Insolvency Act 1986

Receivers and managers

C125

In section 38 of the Act (receivership accounts), “prescribed” means prescribed by regulations made by statutory instrument by the F1Treasury.

26

In subsection (1) of section 39 of the Act (notification that receiver or manager appointed), the reference to every invoice, order for goods or business letter is a reference to every statement of account, order for goods or services, business letter or advertisement.

27

Section 40 (payment of debts out of assets subject to floating charge) and sections 42 to 49 (administrative receivers) of the Act are omitted.