Paragraph 49 I1

in paragraph (1) for “The disapplication of sections 15(1) and (2), 43 and 61 of the Insolvency Act 1986 by section 175(1)(b) and 175(3) of the Act shall cease to have effect” substitute—

• “The disapplication—

  1. (a)

     by section 175(1)(b) of the Act, of paragraphs 70, 71 and 72 of Schedule B1 to the Insolvency Act 1986, and

  2. (b)

     by section 175(3) of the Act, of sections 43 and 61 of the 1986 Act,

  shall cease to have effect”, and

after paragraph (1) insert—

“(1A)

A reference in paragraph (1) to “an administration order” shall include the appointment of an administrator under paragraph 14 or 22 of Schedule B1 to the Insolvency Act 1986.”.