Paragraph 22 I1

In modified paragraph 56 of Schedule B1 (set out in paragraph 29), for sub-paragraph (1) substitute—

“(1)

This paragraph applies where an administrator—

(a)

reports to the High Court under paragraph 54 that a partnership’s creditors have failed to approve the administrator’s proposals, or

(b)

reports to the Court under paragraph 55 that a partnership’s creditors have failed to approve a revision of the administrator’s proposals.”.