Article 4 Voluntary arrangement of insolvent partnershipI1

England and Wales

F1(1)

The provisions of Part I of, and Schedule A1 to, the Act shall apply in relation to an insolvent partnership, certain of those provisions being modified in such manner that, after modification, they are as set out in Schedule 1 to this Order.

(2)

For the purposes of the provisions of the Act applied by paragraph (1), the provisions of the Act specified in paragraph (3) below, insofar as they relate to company voluntary arrangements, shall also apply in relation to insolvent partnerships.

(3)

The provisions referred to in paragraph (2) are—

F2(za)

section 176AZA in Part IV,

(a)

F3sections 233, 233A and 233B and Schedule 4ZZA in Part VI,

(b)

Part VII, with the exception of section 250,

(c)

Part XII,

(d)

Part XIII,

(e)

sections 411, 413, 414 and 419 in Part XV, and

(f)

Parts XVI to XIX.

Annotations

Textual amendments

F1: Art. 4(1) substituted (1.1.2003) by The Insolvent Partnerships (Amendment) (No. 2)Order 2002 (S.I. 2002/2708), arts. 1, 4 (with art. 11)
F2: Art. 4(3)(za) inserted (19.12.2018) by The Banks and Building Societies (Priorities on Insolvency) Order 2018 (revoked) 2018 (S.I. 2018/1244), arts. 1(2), 16 (with art. 3)
F3: Words in art. 4(3)(a) substituted (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 12 para. 5 (with ss. 2(2), 5(2), 14(4))

Commencement

I1: Art. 4 in force at 1.12.1994, see art. 1(1)