PART IIVOLUNTARY ARRANGEMENTS

Voluntary arrangement of insolvent partnership4.

(1)

The provisions of Part I of the Act shall apply in relation to an insolvent partnership, those provisions being modified in such manner that, after modification, they are as set out in Schedule 1 to this Order.

(2)

For the purposes of the provisions of the Act applied by paragraph (1), the provisions of the Act specified in paragraph (3) below, insofar as they relate to company voluntary arrangements, shall also apply in relation to insolvent partnerships.

(3)

The provisions referred to in paragraph (2) are—

(a)

section 233 in Part VI,

(b)

Part VII, with the exception of section 250,

(c)

Part XII,

(d)

Part XIII,

(e)

sections 411, 413, 414 and 419 in Part XV, and

(f)

Parts XVI to XIX.