OpenLegislation

Paragraph 33 I1I2I3

(1)

Section 138 (appointment of liquidator in Scotland) is amended as follows.

(2)

In subsection (3), for “summon separate meetings of” substitute “ in accordance with the rules seek nominations from ”.

(3)

In subsection (4), for the words from “summon under” to the second “meeting of” substitute “ seek a nomination from the company's contributories under subsection (3), he may seek a nomination only from ”.

(4)

In subsection (5)—

(a)

for “one or more meetings are held” substitute “ a nomination is sought from the company's creditors, or nominations are sought from the company's creditors and contributories, ”;

(b)

for “by the meeting or meetings” substitute “ as a result ”.

Annotations

Commencement

I1

Sch. 9 para. 33 in force at 26.5.2015 for specified purposes by S.I. 2015/1329, reg. 3(d)

I2

Sch. 9 para. 33 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. 33 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)