SCHEDULES
SCHEDULE 9Abolition of requirements to hold meetings; opted-out creditors
PART 2Individual insolvency
Individual voluntary arrangements
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(1)
Section 256A (nominee's report on debtor's proposal) is amended as follows.
(2)
At the end of subsection (3)(a) insert “
and
”
.
(3)
In subsection (3)(b)—
(a)
for “a meeting of the debtor's creditors should be summoned to” substitute “
the debtor's creditors should
”
;
(b)
omit “, and”.
(4)
Omit subsection (3)(c).