This section has no associated Explanatory Memorandum
166. In Schedule B1 to the Insolvency (Northern Ireland) Order 1989 M1 (administration)—U.K.
(a)in paragraphs 50(3)(b) and 74(2)(c), for “Article 418 of the Companies Order (compromise with creditors or members)” substitute “ Part 26 of the Companies Act 2006 (arrangements and reconstructions) ”;
(b)in paragraph 75(6)(b), for “Article 418 of the Companies Order (compromise with creditors and members)” substitute “ Part 26 of the Companies Act 2006 (arrangements and reconstructions) ”.
Marginal Citations
M1Schedule B1 was inserted by the Insolvency (Northern Ireland) Order 2005 (S.I. 2005/1455 (N.I. 10)), Schedule 1.