OpenLegislation

Paragraph 30 I1

Northern Ireland Not yet in force

(1)

Modified paragraph 99 of Schedule B1 (as amended by paragraph 29 above) is further amended as follows.

(2)

In sub-paragraph (2A)(b), for “resolution” substitute “decision”.

(3)

After sub-paragraph (3A) insert—

“(3B)

In a case where the administrator is removed from office, a decision of the creditors for the purposes of sub-paragraph (2A)(b), or of the preferential creditors for the purposes of sub-paragraph (2B), must be made by a qualifying decision procedure.”.

Annotations

Commencement

I1

Sch. 4 para. 30 not in operation at Royal Assent, see s. 120(02)