Article 3 Replacement of Part III of the 1989 Order

The following shall be substituted for Part III of the 1989 Order (administration orders)—

“PART III

ADMINISTRATION

Administration

21

Schedule B1 (which makes provision about the administration of companies) shall have effect.”.

The Schedule B1 set out in Schedule 1 to this Order shall be inserted after Schedule A1 to the 1989 Order.

Schedule 2 (minor and consequential amendments relating to administration) shall have effect.

The Department may by order amend any statutory provision in consequence of this Article.

An order under paragraph (4) shall be subject to negative resolution.