OpenLegislation

Paragraph 21 I1

Northern Ireland Not yet in force

(1)

Modified paragraph 53 of Schedule B1 (set out in paragraph 28) is amended as follows.

(2)

In sub-paragraph (2), for the words from “summon” to “requested” substitute “seek a decision from the partnership’s creditors as to whether they approve the proposals set out in the statement made under paragraph 50(1) if requested to do so”.

(3)

For sub-paragraph (3) substitute—

“(3)

Where a decision is sought by virtue of sub-paragraph (2) the initial decision date (as defined in paragraph 52(3)) must be within the prescribed period.”.

Annotations

Commencement

I1

Sch. 4 para. 21 not in operation at Royal Assent, see s. 120(02)