This section has no associated Explanatory Memorandum
103. In section 176A(4)(b) of the Insolvency Act 1986 M1 (share of assets for unsecured creditors: exclusion by compromise or arrangement), for “section 425 of the Companies Act (compromise with creditors and members)” substitute “ Part 26 of the Companies Act 2006 (arrangements and reconstructions) ”.U.K.
Marginal Citations
M1Section 176A was inserted by the Enterprise Act 2002 (c.40), section 252.