[F1PART 1ASMORATORIUM

CHAPTER 8SNotification by directors of insolvency proceedings

[Note: a document required by the Act or these Rules must also contain the standard content set out in Part 1.]

Notification by directors to the monitor of insolvency proceedings (section A24)S

1A.19.  Notice by the directors of certain insolvency proceedings under section A24 must be delivered within the period of—

(a)in the case of a notice under subsection (1), 3 business days ending with the day on which any of the steps mentioned in paragraphs (a) to (c) of that subsection are taken; and

(b)in the case of a notice under subsection (2), 3 business days beginning with the day on which the duty to give the notice arises.]