SCHEDULEConsequential Amendments

The Insolvency Act 19861

Part 1 of Schedule A1 to the Insolvency Act 19866 (moratorium where directors propose voluntary arrangement) is amended as follows—

a

in paragraph 4E(1)(a) after “article 77” insert “or 77A”;

b

in the definition of “bond” in paragraph 4F(3) after “article 77 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001” insert “, and includes any instrument falling within article 77A of that Order”.