Paragraph 1 The Insolvency Act 1986

Part 1 of Schedule A1 to the Insolvency Act 1986^f1 (moratorium where directors propose voluntary arrangement) is amended as follows—

(a)

in paragraph 4E(1)(a) after “article 77” insert “or 77A”;

(b)

in the definition of “bond” in paragraph 4F(3) after “article 77 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001” insert “, and includes any instrument falling within article 77A of that Order”.

Annotations

Footnotes

f1: 1986 c. 45; Schedule A1 was inserted by the Insolvency Act 2000 (2000 c.39), s.1, Sch 1, paras 1,4; paragraphs 4A to 4K were inserted by S.I. 2002/1990, reg 3(1), (3).