# The Insolvency (Miscellaneous Amendments) Regulations 2017, Paragraph 47: Modifications to the items relating to Schedule A1 of the Insolvency Act 1986


For the item relating to sub-paragraph (2) of paragraph 32 substitute—
“
Provisions
Paragraph 32
Modifications
sub-paragraph (1)
Omit.
sub-paragraph (3)
Omit “the meeting of the company or (as the case may be) inform”.
sub-paragraph (4)
For sub-paragraph (4) substitute—
“(4) Where, in accordance with sub-paragraph (3)(b) the nominee informs the creditors of the limited liability partnership, of the expected cost of his intended actions, the creditors by a qualifying decision procedure shall decide whether or not to approve that expected cost.”.
sub-paragraph (6)
For “A meeting of the company may resolve, and the creditors by a qualifying decision procedure may decide,” substitute “The creditors by a qualifying decision procedure may decide”.
”

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Source: https://www.legislation.gov.uk/uksi/2017/1119/schedule/1/paragraph/47 (the official version)
Page: https://openlegislation.uk/insolvency-miscellaneous-amendments-regulations-2017/schedule-1/paragraph-47
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

