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Article 3 Moratorium where directors propose voluntary arrangement

Schedule 1 (which—

(a)

enables the directors of a company to obtain an initial moratorium for the company where they propose a voluntary arrangement under Part II of the Insolvency Order,

(b)

makes provision about the approval and implementation of such a voluntary arrangement where a moratorium is obtained, and

(c)

makes consequential amendments),

shall have effect.

Notes on the whole Order

Textual amendments

F1

Order: functions transferred from Lord Chancellor to Department of Justice (12.4.2010) by Northern Ireland Act 1998 (Devolution of Policing and Justice Functions) Order 2010 (S.I. 2010/976), arts. 1(2), 15(1), Sch. 17 para. 52 (with arts. 15(6), 28-31); S.I. 2010/977, art. 1(2)