Article 13A OverviewF1
This Part contains provision that enables an eligible company, in certain circumstances, to obtain a moratorium, giving it various protections from creditors set out in this Part.
In this Chapter Article 13AA introduces Schedule ZA1 (which defines what is meant by an “eligible” company).
Chapter 2 sets out how an eligible company may obtain a moratorium.
Chapter 3 sets out for how long a moratorium has effect.
Chapter 4 sets out the effects of a moratorium on the company and its creditors.
Chapter 5 contains provision about the monitor.
Chapter 6 contains provision about challenges.
Chapter 7 contains provision about certain offences.
Chapter 8 contains miscellaneous and general provision, including—
special provision for certain kinds of company;
definitions for the purposes of this Part;
provision about regulations under this Part.
Annotations
Textual amendments
Notes on Part 1A
Modifications
- C1
Pts. 1-5 modified by S.R. 2004/307 (as amended (1.10.2006) by Limited Liability Partnerships (Amendment) Regulations (Northern Ireland) 2006 (S.R. 2006/377), reg. 3, Sch. 2; (temp.) (27.4.2020 retrospective) by virtue of Corporate Insolvency and Governance Act 2020 (c. 12), Sch. 11 para. 8(1)(2), 14 (with ss. 2(2), 5(2)); (26.6.2020) by The Limited Liability Partnerships (Amendment etc.) Regulations 2020 (S.I. 2020/643), reg. 1(1), Sch. 2 (with reg. 3); (16.2.2021) by The Limited Liability Partnerships (Amendment etc.) Regulations 2021 (S.I. 2021/60), reg. 1(1), Sch. 2 (with reg. 4(2)))
- C2
Pts. 1-5 applied (with modifications) (4.1.2024) by S.I. 2021/716, Sch. 1A para. 3 (as inserted by The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023 (S.I. 2023/1399), reg. 1(2), Sch. 1)