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SCHEDULE 1U.K.CONSEQUENTIAL AMENDMENTS

Insolvency Act 1986 (c. 45)U.K.

71.—(1) Part 1 of the Insolvency Act 1986 (company voluntary arrangements) is amended as follows.

(2) In section 1(4) (meaning of “company”), for paragraph (a) substitute—

(a)a company registered under the Companies Act 2006 in England and Wales or Scotland;.

(3) In section 7A M1 (prosecution of delinquent officers of company)—

(a)in subsection (3) for “the Companies Act” substitute “ the Companies Act 1985 ”;

(b)in subsection (4) for “the Companies Act” substitute “ the Companies Acts ”.

(4) In Schedule A1 (moratorium where directors propose voluntary arrangement)—

(a)in paragraph 3 (qualifying conditions for moratorium), after sub-paragraph (5) insert—

(6) Expressions used in this paragraph that are defined expressions in Part 15 of the Companies Act 2006 (accounts and reports) have the same meaning in this paragraph as in that Part.;

(b)in paragraphs 20(8) and 34(2), for “an office copy” substitute “ a copy ”.

Marginal Citations