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The Insolvency (Amendment) Rules 1999
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- UK Statutory Instruments
- 1999 No. 359
- SCHEDULE
- Paragraph 3
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Amendment of Rule 5.29
3.—(1) The title to Rule 5.29 shall be deleted and there shall be substituted the title “Completion or termination of the arrangement”.
(2) In paragraph (1) of Rule 5.29 after the words “final completion” there shall be inserted the words “or termination” and at the end of paragraph (1) there shall be added the words “or (as the case may be) terminated”.
(3) At the end of paragraph (2) of Rule 5.29 there shall be added the words “or (in the case of termination of the arrangement) explaining the reasons why the arrangement has not been implemented in accordance with the proposal as approved by the creditors' meeting”.
(4) At the end of paragraph (3) of Rule 5.29 there shall be added the words “and he shall not vacate office until after such copies have been sent”.
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