SCHEDULE 1Modified application of Parts 1 and 2 of the Insolvency Act 1986 to relevant societies

PART 3Modified application of Part 2 of the Insolvency Act 1986 to relevant societies (further modifications)

25.

In paragraph 58 (correspondence instead of creditors' meeting)—

(a)

a reference to a creditors' meeting includes a reference to a members' meeting; and

(b)

in sub-paragraph (1) the reference to correspondence between the administrator and creditors includes a reference to correspondence between the administrator and members.