# Insolvency Act 2000, Paragraph 2


After section 1 there is inserted—
“ Moratorium.
1A (1) Where the directors of an eligible company intend to make a proposal for a voluntary arrangement, they may take steps to obtain a moratorium for the company.
(2) The provisions of Schedule A1 to this Act have effect with respect to—
(a) companies eligible for a moratorium under this section,
(b) the procedure for obtaining such a moratorium,
(c) the effects of such a moratorium, and
(d) the procedure applicable (in place of sections 2 to 6 and 7) in relation to the approval and implementation of a voluntary arrangement where such a moratorium is or has been in force.”

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Source: https://www.legislation.gov.uk/ukpga/2000/39/schedule/1/paragraph/2 (the official version)
Page: https://openlegislation.uk/insolvency-act-2000/schedule-1/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.