# The Insolvency (Northern Ireland) Order 2002, 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.

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Source: https://www.legislation.gov.uk/nisi/2002/3152/article/3 (the official version)
Page: https://openlegislation.uk/insolvency-northern-ireland-order-2002/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.