PART 3Miscellaneous amendments of the Insolvency Rules

Amendment of Part 2 of the Insolvency Rules13

1

Rule 2.2 (proposal for a CVA: general principles and amendment) is amended as follows.

2

For paragraph (2) substitute—

2

The proposal may be amended with the nominee’s agreement in writing where—

a

the nominee is not the liquidator or administrator of the company; and

b

the nominee’s report has not been lodged with the court under section 2(2).

3

Omit paragraphs (3) and (4).