The Insolvency (Scotland) (Company Voluntary Arrangements and Administration) (Amendment) Rules 2021

Amendment of Part 2 of the Insolvency Rules

This section has no associated Explanatory Memorandum

13.—(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).