SCHEDULES

SCHEDULE 9Abolition of requirements to hold meetings; opted-out creditors

PART 1Company insolvency

Other provision

I1I2I357

1

Section 434B (representation of companies at meetings) is amended as follows.

2

In subsection (1), for paragraph (a) substitute—

a

in a qualifying decision procedure, held in pursuance of this Act or of rules made under it, by which a decision is sought from the creditors of a company, or

3

In the heading, after “corporations” insert “ in decision procedures and ”.