Paragraph 3 The Insolvency (Northern Ireland) Order 1989

Part 1 of Schedule A1 to the Insolvency (Northern Ireland) Order 1989^f1 (moratorium where directors propose voluntary arrangement) is amended as follows—

(a)

in paragraph 9(1)(a) after “article 77” insert “or 77A”;

(b)

in the definition of “bond” in paragraph 10(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: S.I. 1989/ 2405 (N.I. 19). Schedule A1 was inserted by the Insolvency (Northern Ireland) Order 2002 (S.I. 2002/3152 (N.I. 6), art 3 and Sch 1.