# The Co-operative and Community Benefit Societies and Credit Unions (Arrangements, Reconstructions and Administration) Order 2014, Article 3: Application of section 176A of the 1986 Act


Section 176A of the 1986 Act (share of assets for unsecured creditors) applies in relation to a relevant society which is in administration, and for that purpose—
(a) a reference to a company includes a reference to a relevant society;
(b) a reference to a receiver is to be ignored; and
(c) in subsection (4)(b) the reference to Part 26 of the 2006 Act is a reference to that Part as applied in relation to a relevant society.

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Source: https://www.legislation.gov.uk/uksi/2014/229/article/3 (the official version)
Page: https://openlegislation.uk/co-operative-and-community-benefit-societies-and-credit-unions-arrangements-reconstructions-and-administration-order-2014/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.