Prospective
4(1)Section 28 shall be amended as follows.
(2)In subsection (1)—
(a)after paragraph (b) there shall be inserted “; or
(c)which is a company in financial difficulties within the meaning of section 16 above in relation to which the Board have taken any measures in pursuance of a direction under section 17A above;”, and
(b)after “paragraph (b)” there shall be inserted “ or (c) ”.
(3)In subsection (2), there shall be inserted at the end “; and
(c)in a case falling within paragraph (c) of that subsection, the period of six months beginning with the date on which the [F1Treasury][F2receive] written notification from the Board that they have taken measures in relation to the company in question in pursuance of a direction under section 17A above.”
(4)In subsection (3), after “paragraph (b)” there shall be inserted “ or (c) ”.
Textual Amendments
F1Words in Sch. 3 para. 4 substituted (5.1.1998) by S.I. 1997/2781, art. 8, Sch. Pt. II para. 127 (with art. 7)
F2Word in Sch. 3 para. 4 substituted (5.1.1998) by S.I. 1997/2781, art. 8, Sch. Pt. II para. 132 (with art. 7)