24U.K.Before section 416 (monetary limits (companies winding up)) insert—
“415BMonetary limits (company moratorium)
(1)The Secretary of State may by regulations increase or reduce any of the money sums for the time being specified in the following provisions of Part A1—
(a)section A25(1) (maximum amount of credit which company may obtain without disclosing moratorium);
(b)section A28(2) (maximum amount for certain payments without obtaining monitor consent etc);
(c)section A46(2) (minimum value of company property concealed or fraudulently removed, affecting criminal liability of company's officer).
(2)Regulations under this section may contain such transitional provisions as may appear to the Secretary of State necessary or expedient.
(3)Regulations under this section are to be made by statutory instrument subject to annulment in pursuance of a resolution of either House of Parliament.”