SCHEDULE 3Co-ownership schemes: application of the Insolvency Rules 1986

PART 1Application of Rules with modifications

1

In relation to the winding up of a relevant scheme by the High Court under the 1986 Act, Parts 4 and 7 to 13 of the Insolvency Rules 1986 M1, in so far as they apply to the winding up of an unregistered company, apply with—

a

the general modifications set out in paragraph 2;

b

any other modification specified in the Table in Part 2 of this Schedule; and

c

any other necessary modification.