OpenLegislation

Paragraph 36 I1

Northern Ireland Not yet in force

For paragraph 98(2) and (3) substitute—

“(2)

The administrator may be replaced by a decision of the creditors made by a qualifying decision procedure.

(3)

The decision has effect only if, before the decision is made, the new administrator has consented to act in writing.”.

Annotations

Commencement

I1

Sch. 1 para. 36 not in operation at Royal Assent, see s. 120(02)