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Paragraph 40 I1

Northern Ireland Not yet in force

After paragraph 109(3) insert—

“(3A)

Whether the company’s unsecured creditors or preferential creditors consent is to be determined by the administrator seeking a decision from those creditors as to whether they consent.”.

Annotations

Commencement

I1

Sch. 1 para. 40 not in operation at Royal Assent, see s. 120(02)