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Regulation 3 Amendment of provisions relating to winding-up

Original text. Later amendments are not shown.

(1)

Regulation 6 (procedure for discharging rights on winding-up) shall be amended as follows.

(2)

In paragraph (5)—

(a)

after “paragraph (4)”, omit “(a) or (b)”, and

(b)

in sub-paragraph (a), before “that” insert “where sub-paragraph (a) or (b) of paragraph (4) applies,”.

(3)

In paragraph (6)—

(a)

omit sub-paragraph (b), and

(b)

in sub-paragraph (c)—

(i)

after “paragraph (4)”, omit “(a) or (b)”, and

(ii)

for “in the terms set out in”, substitute “in accordance with”.