SCHEDULE 1UNCITRAL MODEL LAW ON CROSS-BORDER INSOLVENCY
CHAPTER IIIRecognition of a Foreign Proceeding and Relief
Article 23. Actions to avoid acts detrimental to creditors
2.
Where the foreign representative makes such an application (“an article 23 application”), the sections referred to in paragraph 1 of this article and sections 240, 241, 341, 342, 342B to 342F, 424 and 425 of the Insolvency Act 1986 M1 and sections 36B and 36C of the Bankruptcy (Scotland) Act 1985 M2 shall apply—
(a)
whether or not the debtor, in the case of an individual, has been adjudged bankrupt or had his estate sequestrated, or, in the case of a debtor other than an individual, is being wound up or is in administration, under British insolvency law; and
(b)
with the modifications set out in paragraph 3 of this article.