Paragraph 12 I1 I2 I3

(1)

Section 48 (report by administrative receiver - England and Wales) is amended as follows.

(2)

In subsection (1), after “such creditors” insert “ , other than opted-out creditors, ”.

(3)

In subsection (2)—

(a)

in paragraph (a), after “company” insert “ , other than opted-out creditors, ”;

(b)

omit the words after paragraph (b).

(4)

Omit subsection (3).

Annotations

I1: Sch. 9 para. 12 in force at 26.5.2015 for specified purposes by S.I. 2015/1329, reg. 3(d)
I2: Sch. 9 para. 12 in force at 6.4.2017 for E.W. in so far as not already in force by S.I. 2016/1020, reg. 4(e) (with reg. 5) (as amended by S.I. 2017/363, reg. 3)
I3: Sch. 9 para. 12 in force at 6.4.2019 for S. in so far as not already in force by S.I. 2019/816, reg. 4(c) (with reg. 5)