SCHEDULES

SCHEDULE 7Moratoriums in Northern Ireland: further amendments

The Insolvency (Northern Ireland) Order 1989

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In Article 107 (avoidance of property dispositions etc), after paragraph (2) insert—

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This Article has no effect in respect of anything done during a moratorium under Part 1A, or during a period mentioned in Article 18(4)(a) following the end of a moratorium, where the winding-up order was made on a petition presented before the moratorium begins, unless the petition was presented under section 367 of the Financial Services and Markets Act 2000 on the ground mentioned in section 367(3)(b) of that Act.