SCHEDULE 9Abolition of requirements to hold meetings; opted-out creditors
PART 1Company insolvency
Winding-up
53
(1)
Schedule 10 (offences) is amended as follows.
(2)
“94(4)
Liquidator failing to send to company members a copy of account of winding up
Summary
Level 3 on the standard scale
94(5)
Liquidator failing to send to registrar a copy of account of winding up
Summary
Level 3 on the standard scale
One tenth of level 3 on the standard scale.”
(3)
In the entry for section 95(8), in column 2, for “s. 95” substitute “
s. 95(1) to (4A)
”
.
(4)
Omit the entry for section 98(6).
(5)
In the entry for section 99(3), in column 2, for the words from “attend” to “meeting” substitute “
send statement in prescribed form to creditors
”
.
(6)
“106(5)
Liquidator failing to send to company members and creditors a copy of account of winding up
Summary
Level 3 on the standard scale
106(6)
Liquidator failing to send to registrar a copy of account of winding up
Summary
Level 3 on the standard scale
One tenth of level 3 on the standard scale.”