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Paragraph 7

England, Wales and Scotland

A creditor or sub-lessee declining to accept a vesting order on such terms is excluded from all interest in and security over the property.

Notes on Schedule 20

Textual amendments

F1

Schs. 20-22 repealed (1.10.2009) by Companies Act 2006 (c. 46), ss. 1295, 1300, Sch. 16; S.I. 2008/2860, art. 4, Sch. 1 (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))

Notes on Part II

Textual amendments

F1

Schs. 20-22 repealed (1.10.2009) by Companies Act 2006 (c. 46), ss. 1295, 1300, Sch. 16; S.I. 2008/2860, art. 4, Sch. 1 (with arts. 5, 7, 8, Sch. 2)