Small Business, Enterprise and Employment Act 2015

131Creditors not required to prove small debts: company insolvencyU.K.

This section has no associated Explanatory Notes

In Schedule 8 to the Insolvency Act 1986 (provisions capable of inclusion in company insolvency rules) after paragraph 13 insert—

13AProvision for a creditor who has not proved a small debt to be treated as having done so for purposes relating to the distribution of a company's property (and for provisions of, or contained in legislation made under, this Act to apply accordingly).