The Financial Services (Banking Reform) Act 2013 (Commencement (No. 8) and Consequential Provisions) Order 2015 No. 428 (C. 25)

SCHEDULE 1 Modifications of Part 18 of the Companies Act 1985

6.  Section 466(1) (alteration of floating charges) has effect as if—

(a) subsections (4) to (4F)(2) were omitted; and

(b) in subsection (6) the words “subsection (4) of” were omitted.

(1)

Section 466 was amended by the Companies Act 1989, sections 130(7), 140(8) and 212, Schedule 17, paragraph 9 and Schedule 24; and by S.I. 2013/600.

(2)

Subsections (4A) to (4F) of section 466 were inserted, and subsection (5) was repealed, by S.I. 2013/600.