Paragraph 62

England, Wales and Scotland

In section 76 (excess assets on winding up)—

I1(a)

in subsection (3), omit paragraph (c) (but not the word “and” immediately following it),

(b)

omit subsection (5), and

I2(c)

in subsection (6) for “sections 3 and 10 apply” substitute “ section 10 applies ”.

Annotations

I1: Sch. 12 para. 62(a)(b) in force at 6.4.2006 by S.I. 2006/560, art. 2(3), Sch. Pt. 3
I2: Sch. 12 para. 62(c) in force at 6.4.2006 by S.I. 2005/3331, art. 2(6), Sch. Pt. 6