Article 8 Amendment to Schedule 3 to the Insolvent Partnerships Order 1994

In paragraph 3 of Part I of Schedule 3 to the 1994 Order (section 221: winding up of unregistered companies), after modified section 221(7)(c) insert—

“(d)

at the time at which a moratorium for the insolvent partnership under section 1A comes to an end, no voluntary arrangement approved under Part I of this Act has effect in relation to the insolvent partnership.

(7A)

A winding-up petition on the ground set out in section 221(7)(d) may only be presented by one or more creditors.”.