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Paragraph 23

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

Article 362 (monetary limits) is amended as follows.

(2)

In paragraph (1), before sub-paragraph (a) insert—

“(za)

increase or reduce any of the money sums for the time being specified in the following provisions of Part 1A—

  • Article 13DG(1) (maximum amount of credit which company may obtain without disclosing moratorium);

  • Article 13DJ(2) (maximum amount for certain payments without obtaining monitor consent etc);

  • Article 13G(2) (minimum value of company property concealed or fraudulently removed, affecting criminal liability of company's officer); or”.

(3)

Omit paragraph (1)(c) (money sums: company moratorium) and the “or” before it.