SCHEDULES
SCHEDULE 17Administration: minor and consequential amendments
46
After section 167(1) (application by exchange or clearing house about taking default proceedings) insert—
1A
In subsection (1) a reference to an administration order shall be taken to include a reference to the appointment of an administrator under—
a
paragraph 14 of Schedule B1 to the Insolvency Act 1986 (c.45) (appointment by holder of qualifying floating charge), or
b
paragraph 22 of that Schedule (appointment by company or directors).