Paragraph 46 I1

Modified Article 117A (set out in paragraph 13) is amended as follows.

In paragraph (5), for the words from “shall” to the end substitute “must explain the procedure for establishing a liquidation committee under Article 120.”.

For paragraph (6) substitute—

“(6)

In a case where paragraph (3) applies, in the notice or advertisement the responsible insolvency practitioner must—

(a)

if a liquidation committee has been established under Article 120, state whether he proposes to appoint additional members of the committee under Article 120A(3), or

(b)

if such a committee has not been established, explain the procedure for establishing one.”.